An early investor in Jupiter Power, EnCap is selling its stake in the Austin, Texas-based company to BlackRock Alternatives alongside co-investment partners Yorktown Partners and Mercuria Energy.
The transaction marks the second exit for EnCap Energy Transition Fund I Jupiter Power operates the largest battery storage fleet in Texas with proprietary dispatch optimization Jupiter
BlackRock acquires US storage player renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.
EnCap Investments Sells Jupiter Power to BlackRock streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.