Private Equity Investment in the Energy Sector is Available From NexGen Power LLC

NexGen Power LLC is a private equity fund which will consider equity investments in energy projects in North America and the UK, with emphasis on renewables. This Chicago based firm can provide investment capital from $5 million up to several hundred million dollars for energy projects including operating power plant assets,cogeneration, ethanol and biodiesel projects with secure power purchase or offtake agreements. NexGen is and is in the process of providing financial commitments for several large projects which are under review.

(PRWEB) January 25, 2005 -- NexGen Power, LLC is a private energy investment firm focused on the significant opportunities in the North American power and energy efficiency industries.

Launched in 2004, the NexGen Power is building a portfolio of projects and investments primarily consisting of medium sized power plants that sell wholesale power and thermal energy. NexGen Power acquires, owns and invests in energy assets through negotiated purchases, joint venture development, portfolio sales and competitive bid processes.

Current projects which are under consideration include conventional and renewable energy assets including Ethanol production facilities, Cogeneration projects, Geothermal power projects and manufacturing facilities which utilize recycled materials as raw materials or feedstocks for product or energy production.

NexGen will consider operating assets or projects under development, including powerplants with power purchase agreements, manufacturing facilities related to energy or renewables and cogeneration facilities which generate power "behind the fence" for industrial users.

NexGen Power is also very interested in ethanol and biodiesel production facilities, which will be an important part of Renewable Portfolio Standards in the future.

Projects must meet specific requirements with regard to supply and offtake agreements as well as rate of return in order to qualify for consideration.

NexGen partners with world class energy facilities operators, commodity firms, vendors and developers to provide investment capital. NexGen is not a greenfield project developer, energy trading firm nor venture capital provider, but it can provide options including master vendor agreements and equity financing based on project assets.

$5 million is generally the minimum amount that NexGen will consider for indvidual projects, but multiple projects under that amount may be considered if consolidated from a single developer.

NexGen Power LLC will consider projects valued up to several hundred million dollars.

North American projects are of primary interest, followed by the UK and Europe.

Projects are reviewed by submitting executive summaries of projects, along with detailed financials company information. Once NexGen's management determines that a project meets the company's criteria, a profile of the project is developed and the process begins.

NexGen management develops financial models as a part of the process. Once terms are agreed upon by both parties, due dilligence is performed and the project can be funded once approved.

The North American energy market continues to provide attractive investment opportunities. From cogeneration to renewable energy developments, the drive to provide low cost, clean energy to industrial and wholesale customers requires additional investment capital and financial know-how. NexGen Power creates solutions for energy users, owners and developers seeking to meet these industry needs.

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