SUMMIT, N.J., June 23, 2023 /PRNewswire/ — ECP today announced the successful completion of a continuation fund with $1.6 billion in capital commitments, and that the continuation fund has subsequently signed a purchase and sale agreement to acquire a portion of Calpine Corporation (“Calpine”), America’s premier privately held competitive power company, from ECP III and ECP IV, along with Consortium investors. The fund is supported by new and returning limited partners, and is anchored by Pantheon and existing consortium investor Phoenix Insurance.
ECP Announces Closing of $1.6 Billion Continuation Fund for Calpine Corporation
