NEWS & INFORMATION

October 5, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of a renewable energy project located in Charlotte, North Carolina. The facility processes approximately 130,000 short tons of organic food waste annually, avoiding its disposal in a landfill.  It produces 5.2 megawatts of renewable electricity from biomethane generated through an anaerobic digestion process.  The facility sells this renewable electricity to Duke Energy Carolinas, LLC (“Duke”) under a long-term power...

October 10th, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of a majority interest in the power trading platform Energy Renaissance LLC, an affiliate of Denver Energy Group, LLC (collectively, “DEG” or the “Company”) to Trafigura US Holdings, Inc., a subsidiary of Trafigura Group Pte. Ltd (collectively, “Trafigura”). Sparkstone served as the exclusive financial advisor for DEG in this transaction. The transaction value was not disclosed. DEG is a technology-driven power trading...

April 4, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of an anaerobic digestion-to-renewable electricity project located in Johnston, Rhode Island. The facility processes nearly 100,000 short tons of organic food waste annually, avoiding its disposal in landfills and the resulting methane emissions from its decomposition. The facility sells the renewable electricity that it produces to National Grid under a long-term power purchase contract. York Capital Management ("York")...

February 1, 2022 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce the sale of four landfill gas-to-electricity projects located throughout various regions of the United States.  The projects are divestments from JL-Evensol, LLC’s (“JLE”) portfolio of renewable energy projects.  The facilities have a total 10.2 MWs of installed capacity and operate under long-term power purchase agreements (“PPA”). JLE owned and operated the facilities and sold them to Archaea Energy, LLC (“Archaea”) for an...

November 16, 2020 – Richmond, VA – Sparkstone Capital Advisors, LLC (“Sparkstone”) is pleased to announce a major investment by LS Power Group (“LS Power”) in a portfolio of renewable natural gas (RNG) projects owned and operated by The Landfill Group, LLC (“The Landfill Group”). LS Power entered a partnership with The Landfill Group to jointly develop a portfolio of landfill gas-to-RNG projects throughout the United States. In addition, LS Power acquired an interest in a landfill gas-to-RNG project in Lawrence, Kansas operated by...