“Elena Savostianova, managing partner of Ember, said, “We are thrilled to partner with ReEnergy, given the team’s track record of best-in-class operations as we build out the platform and capitalize on compelling opportunities we see in the bioenergy sector as demand grows for resource efficient, carbon-neutral base-load power generation.”
The transaction is expected to close this summer; terms of the agreement were not disclosed.
Whiteman Osterman & Hanna LLP served as legal counsel to ReEnergy. Mayer Brown LLP served as legal counsel to Ember.”
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Ember Infrastructure Management LP 30 April 2021.