ContourGlobal

Company description

ContourGlobal was founded in 2005 by current CEO Joseph Brandt, along with Reservoir Capital Group, a $7.3 billion USD New York-based investment fund. 

The company develops and operates electric power and district heating businesses. The firm owns and operates an existing portfolio of 41 power plants with approximately 3,718 megawatts (MW) of installed gross capacity in operation or under construction, which makes up a total installed gross portfolio capacity.

Our current portfolio spans 17 countries and 4 continents with a weighted average sovereign rating of BBB (weighted by capacity), utilizing a wide range of fuel types, technology and equipment. 

The firm operates two primary business lines:

  • an independent power producing (IPP) business
  • a customized energy solutions business (CG Solutions”)

Company details

City:
New York
Address:
623 Fifth Avenue 32nd Floor New York, NY 10022 United States of America

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • July 08, 2022

    ContourGlobal offloads 9 Brazilian hydro power plants

    Kani Lux Holdings, a subsidiary of ContourGlobal, has reached a definitive agreement with Pátria Investments for the sale of Kani Lux's nine hydroelectric projects in Brazil for BRL1....

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  • September 25, 2019

    Bulgaria is set to terminate PPA deal with Maritsa 3 coal-fired project

    The Government of Bulgaria is set to terminate the power purchase agreement (PPA) deal forged with ContourGlobal for its 908 MW Maritsa East 3 coal-fired power plant.  The 15-year PPA...

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  • July 08, 2019

    6 MW Wärtsilä Energy storage system in Netherlands enters commercial operation

    The technology group Wärtsilä has commissioned its 6 MW / 6 MWh energy management and storage system project for its customer ContourGlobal Bonaire on the Caribbean island of Bonaire. With P...

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  • June 07, 2019

    ContourGlobal closes sale of 49% stake in Spanish concentrated solar power portfolio

    ContourGlobal plc has announced that it has closed the transaction with Credit Suisse Energy Infrastructure Partners AG. The EUR134 million (US$149.9 million) deal involves the 49% stake sale in Cont...

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  • June 03, 2019

    Credit Suisse closes acquisition of 250 MW solar portfolio from ContourGlobal

    Credit Suisse Energy Infrastructure Partners has completed the purchase of a 250 MW solar portfolio from ContourGlobal for a total investment of EUR134 million (US$149.87 million).  The portfoli...

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  • April 16, 2019

    ContourGlobal reaches agreement on its sale of 49% interest in Spanish concentrating solar power project

    ContourGlobal plc today announces that it has reached an agreement to sell a 49% interest in the company's 250 MW Concentrated Solar Power facilities in the southwest of Spain to a fund advised by Cre...

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  • January 08, 2019

    ContourGlobal to acquire 932 MW CHP capacity in Mexico for US$724 million

    ContourGlobal plc has announced it has reached an agreement with Alpek S.A.B. de C.V. to acquire Alpek’s portfolio of two natural gas-fired combined heat and power (CHP) plants, togeth...

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  • March 01, 2018

    Acciona to sell its five CSP plants in Spain to ContourGlobal for €1 B

    ACCIONA has reached an agreement to sell its five solar thermal plants in Spain (with a combined capacity of 250MW) to ContourGlobal plc.

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  • February 14, 2018

    ContourGlobal in talks to acquire Acciona's CSP projects in Spain

    ContourGlobal Plc has confirmed that it is negotiating with Spanish engineering and renewable energy company Acciona the acquisition of five concentrated solar power (CSP) plants in Spain.

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  • November 17, 2017

    ContourGlobal enters exclusivity for Mexican cogen assets

    Alpek and ContourGlobal have entered into a 60-day exclusivity period to conduct confirmatory due diligence and negotiate final agreements in relation to ContourGlobal’s potential acqu...

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