December 3, 2012


Energy Investors Funds Completes Acquisition of Allegheny Projects

Energy Investors Funds announced today that its United States Power Fund IV has completed the acquisition of two operating hydroelectric projects, Allegheny 8 and Allegheny 9 (together “Allegheny”) in partnership with Northbrook Energy.

Allegheny are two run-of-the-river hydroelectric projects totaling 30.4 MW located on the Allegheny River in Pennsylvania, approximately 35 miles from Pittsburgh. more


November 14, 2012


Hess and Energy Investors Funds Sign Partnership Agreement to Develop Newark Energy Center

Hess Corporation announced today that it has signed an agreement with EIF-NEC, LLC, a subsidiary of private equity funds managed by Energy Investors Funds, to develop the Newark Energy Center, an environmentally advanced, 655-megawatt gas-fired electric power plant in Newark, New Jersey at a 23-acre brownfield site currently owned by Hess Corporation adjacent to Hess’ Newark petroleum storage terminal. The project’s costs will be shared equally by Hess and EIF-NEC over a three-year period.

The Newark Energy Center will provide much-needed electricity for northern New Jersey and the regional power grid – enough to power more than 700,000 homes. By producing energy from natural gas and using advanced emissions control technology and highly efficient turbines, the Newark Energy Center will operate as one of the cleanest plants of its kind in the United States. more


September 5, 2012


NTE Energy Applies for Patent for Expansion of its Hybrid Renewable Energy Technology Portfolio

NTE Energy and its joint-venture partner, Energy Investors Funds, filed a patent application with the United States Patent & Trademark Office today covering an expansion of its patented hybrid renewable energy technology.

Following the award of their first patent US 8,161,724 issued on
April 24, 2012, NTE Energy has continued to improve the efficiency and versatility of the company’s hybrid renewable energy technology.
NTE Energy’s newest patent application introduces an innovative process where the steam output from a biomass boiler is fed to feedwater heaters on traditional steam plants, typically coal, oil or natural gas fired, replacing steam typically provided through steam turbine extractions. This reduction in steam turbine extractions allows more steam to flow through the steam turbine, generating additional, and renewable, electrical power.

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April 30, 2012


NTE Energy Awarded Patent For Biomass Hybrid Renwable Energy Technology

NTE Energy is pleased to announce it has been awarded a patent by the United States Patent & Trademark Office for its proprietary biomass hybrid renewable energy technology.  This technology revolutionizes the production of renewable energy by allowing the simultaneous operation of a biomass energy cycle in concert with a traditional power plant.  Patent number US 8,161,724 was issued on April 24, 2012.

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March 22, 2012


Energy Investors Funds Sells Black River Generation Plant to ReEnergy Holdings

Energy Investors Funds (“EIF”) announced today that the firm completed the sale of the Watertown, NY-based Black River Generation plant to ReEnergy Holdings, LLC.  Terms of the deal were not disclosed.

Black River Generation is a 55 MW coal-fired facility located on the Fort Drum U.S. Army Base in Watertown, NY.  The project commenced commercial operations in 1988.  EIF’s United States Power Fund, L.P. acquired the project in 2004.  ReEnergy Holdings plans to convert the facility to a biomass power plant. more


November 17, 2011


Landfill Energy Systems Commences Operations at Erie, Colorado 3.2 MW Landfill Gas-To-Energy Plant

Landfill Energy Systems (“LES”), a company owned by Energy Investors Funds, announced today that it has commenced operations on a landfill methane-fueled renewable-energy power plant located in Erie, CO. The plant is the 38th owned or operated by LES, which holds the rights to 45 landfills in 16 states, producing over 200 MW of base load renewable electric power and renewable natural gas. The Erie
3.2 MW facility consists of two Caterpillar G3520 engine-generator sets and sells electricity to United Power Cooperative. Enough power is generated at the plant to provide electricity for approximately
50 percent of the homes in Erie. more


October 31, 2011


Energy Investors Funds Closes Latest Fund, EIF United States Power Fund IV, L.P., on $1.713 Billion

EIF has successfully closed its eighth fund, EIF United States Power Fund IV, L.P., with $1.713 billion in commitments. The Fund includes a wide variety of domestic and international limited partners, including public and corporate pensions, insurance companies, endowments, family offices, and foundations. EIF has already invested approximately 20% of the Fund to date. more


October, 2011


Plum Point Energy Station, Mississippi County, Arkansas

Each year, POWER magazine selects the most noteworthy power plants worldwide to be designated “Top Plants” within their fuel category. EIF’s Plum Point Energy Station has received Power Magazine's 2011 Top Plant award for coal-fired plants. Plum Point is a 665 MW facility located in Mississippi County, Arkansas. The plant overcame significant construction challenges and brought both jobs and reliable power to the region.

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September, 2011


Astoria II Combined Cycle Plant, Queens New York

Each year, POWER magazine selects the most noteworthy power plants worldwide to be designated “Top Plants” within their fuel category. EIF’s Astoria II has received Power Magazine's 2011 Top Plant award for combined-cycle plants. Astoria II is a 550 MW combined-cycle plant located in Queens, New York. Astoria II successfully met the challenge of carrying out a massive, complex construction project in the midst of one of the most densely populated areas in the United States.

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August 1, 2011


Kleen Energy Systems Commences Commercial Operations After Completion of Key Agreements

Kleen Energy Systems, LLC, the owner of the Kleen Energy Project located in Middletown, Connecticut, recently commenced commercial operations.  Located approximately 20 miles south of Hartford, the Kleen Energy Project is a 620 MW natural gas- and oil-fired combined cycle plant that employs state-of-the-art turbine technology and best available emissions controls systems, making it one of the most efficient and environmentally friendly gas-fired power plants serving the ISO New England power grid. more


May 18, 2011


Energy Investors Funds Acquires Remaining 20% Interest In Calypso Energy Holdings

EIF announced today that certain funds managed by the Firm have completed the acquisition of the remaining 20% interest in Calypso Energy Holdings, a portfolio of 12 power generation projects with a combined capacity of 2.7 GW.  The projects, located in 11 states, provide low risk and stable cash flows based on contracted generation with regional differentiation, a diversity of fuel sources, and newer generation technology.  With this acquisition, EIF now has 100% ownership of six of the 12 projects in the portfolio. more


February 16, 2011


Energy Investors Funds Subsidiary Landfill Energy Systems Acquires Innovative Energy Systems

Energy Investors Funds ("EIF") announced today that EIF Renewable Energy Holdings, LLC ("EIFREH"), through its wholly owned subsidiary, Landfill Energy Systems ("LES"), acquired Innovative Energy Systems ("IES") of Oakfield, New York. IES, a privately held company, owns and operates a portfolio of 11 landfill gas-to-energy projects located in New York and Vermont. The IES portfolio includes developed projects with an installed capacity of 72 MW supplying over 42,000 homes with reliable renewable energy. With this acquisition, LES holds the rights to 45 landfills in 16 states, producing over 200 MW of base load renewable energy along with high and medium Btu gas. These projects reduce carbon dioxide emissions by over 9 million tons per year, which is equivalent to taking more than 1.7 million cars off the road. more


April 12, 2010


EIF NTE Hybrid Renewable Energy Subsidiary Files For Patent For Biomass Hybrid Renewable Energy Technology

A subsidiary of EIF NTE Hybrid Renewable Energy, LLC, a joint venture between Energy Investors Funds and NTE Energy, LLC, filed a patent application in the United States Patent & Trademark Office on
March 31, 2010 regarding its proprietary biomass hybrid renewable energy technology. Developed by Greg Cahill of Trimont Engineering and Seth Shortlidge of NTE Energy, this technology revolutionizes the production of renewable energy by providing for the simultaneous operations of a biomass hybrid renewable energy cycle in concert with a traditional, natural gas fired power plant. more


April 5, 2010


Energy Investors Funds And NTE Energy Announce Joint Venture To Develop Hybrid Renewable Energy Facilities

Energy Investors Funds and NTE Energy, LLC announced today the formation of EIF NTE Hybrid Renewable Energy, LLC, a joint venture created to develop, construct and operate large-scale hybrid renewable energy facilities throughout the United States. more


March 25, 2010


Energy Investors Funds Completes Sale Of Glen Park Hydroelectric Project

Energy Investors Funds today announced that its United States Power Fund, L.P. and United States Power Fund II, L.P. have completed the sale of the Glen Park Hydroelectric Project to Fort Chicago Energy Partners L.P. for $80.1 million. Operating since 1986 and located on the Black River near Watertown, N.Y., Glen Park is a 33 MW run-of-the-river hydroelectric generation facility. more

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