Heritage Energy Holdings is an independent company to Heritage Power, LLC, a retail electricity provider offering customised residential and commercial energy plans to customers across deregulated markets in the state.
The portfolio is designed to operate as a virtual power plant, enabling efficient participation in the ERCOT market while benefiting from faster interconnection timelines than utility-scale projects.
“This transaction exemplifies Eagle Point’s ability to directly originate and deliver highly structured, asset-backed financing solutions under complex and time-sensitive circumstances” said Brittany Pinkerton, Principal, Infrastructure Credit at Eagle Point. “Our deep industry expertise and collateral-focused analysis enabled our team to efficiently execute this investment ahead of a critical year-end deadline for Heritage. Their distributed generation model, combined with strong collateral and downside protection, aligns well with our disciplined approach to infrastructure credit investing, and we look forward to the success of the projects.”
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