Company Charter & Background

 

Metropolis Energy is a Houston, Texas-based energy and waste infrastructure, investment and services company made up of a senior team of energy sector and financial principals with a proven track record of performance and achievement.  Governance of Metropolis is directed by a an advisory board that provides strategic oversight.

 

The company maintains overall management responsibility for all assets/businesses as well as requisite guidance over contractors and outsourcing firms.  Metropolis provides ongoing direct oversight of the respective operations teams to insure Best Practices and to implement commercial, technical and operating enhancements.  

 

The management team originates transactions, perform opportunity due diligence, provides commercial leadership to structure and close transactions, conducts risk audits and tracks operational and financial performance results against closing and annual benchmarks as part of our investment enhancement and risk management practices.  The management team also supports all phases of divestiture efforts.  The company also offers independent third party asset management services.

 

Founding

The company was formed in June 2011 and closed its first energy sector acquisition 6 months later with the acquisition of the Richland & Stryker gas-fired generation facilities (454 MW in western PJM) from First Energy.  Investment capital partners on this acquisition included Starwood, BlackRock and Quintana.  Metropolis Energy maintained responsibility for the Asset Optimization of these facilities throughout the “hold” period and led the divestiture process in 2013 via a sale to Energy Capital Partners.

 

Most recently, Metropolis Energy originated and closed the acquisition of the EIF/Ares interest in the 437 MW Selkirk Cogeneration project (just south of Albany, NY) in March 2016 in conjunction with Alterna Capital as its Investment Capital partner.  Metropolis Energy is currently in various stages of evaluation, pursuit and closing of other target project opportunities in the Mid Atlantic region.

 

The team unlocks economic potential in acquisition targets managing risk and opportunity to create value through a typical investment cycle on behalf of its co-investors.  From its beginnings, Metropolis Energy has been a catalyst to growth for stakeholders and partners.  The company is also retained by customers to provide third party asset services for a range of sector investments.

Recent Power Sector Transactions and Engagements

 

 Deal Overviews