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PSEI Sells Big Sky Wind Minority Stake

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PSEI sold a minority stake in Big Sky Wind to Hamilton Lane and GCM Grosvenor. The renewable energy platform retains majority control and operational oversight of the Illinois-based wind facility. The deal allows PSEI to secure capital while maintaining strategic involvement in this key portfolio asset.

Big Sky Wind was fully repowered in 2022, enhancing its operational efficiency and market value. Financial terms remained undisclosed as both parties emphasized the strategic nature of the transaction. Hamilton Lane and GCM Grosvenor bring specialized infrastructure investment expertise to the partnership.

The transaction reflects growing investor appetite for renewable energy infrastructure with proven performance metrics. PSEI's continued oversight ensures operational stability. Private equity firms are increasingly targeting operational renewable assets, positioning themselves for potential energy transition opportunities despite market volatility.