Blue Wolf Energy Holdings, an affiliate of Blue Wolf Capital Management, a New York-based private equity firm, has completed the acquisition of Montauk Energy Capital from DQE Financial Corp., a subsidiary of Duquesne Light Holdings, Inc. The purchase price was $101.8 million. Johnnic Holdings Ltd. (JSE:JNC), a subsidiary of Hosken Consolidated Investments Limited (JSE:HCI), is the lead investor in both Blue Wolf and Blue Wolf Energy. GoldenTree Asset Management, LP provided senior and junior financing for the transaction. Based in Pittsburgh, Montauk is a landfill gas developer in the United States and is the parent company of GSF Energy and Waste Energy Technology.
To read the entire story, you must be logged in.
Please log in now or register with us.
