FIC Partners Management, a middle-market investment firm with a focus on critical infrastructure assets across the energy and power use value chains, recently took ownership of Perfect Power, the developer, owner and operator of the Jaguar Energy Center in Texas.
Jaguar Energy Center is a grid-interconnected battery energy storage and solar platform with up to 1.15 gigawatts of planned capacity across approximately 4,500 acres. The facility delivers power into one of ERCOT’s fastest-growing regions. Under FIC’s ownership, Perfect Power plans to continue to pursue the growth of the facility as well as additional opportunities to support the country’s growing generation needs.
“Perfect Power is exactly the type of opportunity we created FIC to pursue — a contracted, in-service infrastructure asset paired with a clear, accretive growth pipeline in one of the most attractive power markets in the country,” said Cay Freihofer, co-managing partner of FIC.
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