InterEnergy Holdings

Date of investment: January, 2011
Deal Value: $35 million
Status: fully realized
Website: 
ESG: Details

In August 2011, the CEO of InterEnergy Holdings (“IEH”) completed a buyout of his shareholder partner with the assistance of an investment by Portland Private Equity. The CEO had built the business into one of the largest owner/operators in the power sector in the Dominican Republic. IEH’s underlying operating companies represent over 1000 MW of combined installed capacity. The Portland Private Equity team viewed the investment as an opportunity to participate with a first class entrepreneur and operator in the building of a pan-regional power company. Post transaction, IEH has continued to consolidate its position in the DR power sector, invest in technologies and alternative energy to deliver new services to its client base, and has expanded into Chile and Jamaica.

The Portland Private Equity Difference:

Portland Private Equity added value by:
  • Meeting the diligence/negotiation/financing pace of a transaction that was driven by a motivated seller
  • Participating in creating a flexible financing structure from a minority shareholder position
  • Introducing new technologies and companies to management as part of IEH’s expansion of services
  • Participating on the Board in a voting and observer capacity