Power Sustainable Energy Infrastructure (PSEI), the renewable energy infrastructure platform of Power Sustainable, has announced it completed the sale of a 49.9 percent interest in Big Sky Wind, a 240-megawatt operating wind facility located in Illinois, to funds managed by Hamilton Lane and GCM Grosvenor, two global private markets investment firms. PSEI will retain a majority interest in the asset and continue to oversee its operations.
The transaction reflects PSEI’s strategy of partnering with long-term institutional investors while actively recycling capital to fund new investments across its portfolio.
Big Sky Wind is an operating wind project with a strong performance track record, supported by high availability and stable cash flows. The asset, which was fully repowered in 2022, is located in the PJM market and is positioned to benefit from supportive market fundamentals.
This transaction underscores PSEI’s ability to originate, scale and optimize hi