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Year Founded: 2003

AUM: N/A | Dry Powder: $178.8M

24 Waterway Avenue, The Woodlands, TX 77380, US

Rockland Capital is an infrastructure investment firm founded in 2003 and is based in The Woodlands, Texas. The firm seeks to invest in the infrastructure, industrial, and energy services sectors in Europe and North America

Key Contacts

  • James Maiz

    Co-Managing Partner

  • Nolena Meche

    Chief Financial Officer

  • Jonathan Beach


Investment Preferences

  • Preferred Industries

    Energy Services, Exploration, Production and Refining, Other Business Products and Services

  • Geographical Preference

    Europe, North America

  • Preferred Deal Types

    Acquisition Financing, Buyout/LBO, Management Buyout, PE Growth/Expansion, Recapitalization

  • Other Investment Preferences

    Seeks distressed investments, Will syndicate

Investments By Year

Source: Pitchbook

Funds Closed

Rockland PJM Partners
Vintage: 2020

Size: $200M

Dry Powder: $83.6M 

Details: The fund targets investments in the power sector in the US

Rockland Power Partners III
Vintage: 2018

Size: $454M

Dry Powder: $54.1M

Details: The fund preferably focuses on energy industries. Its preferred verticals include industrials, oil & gas and infrastructure

Rockland Power Partners II
Vintage: 2013

Size: $425M

Dry Powder: $41M

Details: The fund preferably focuses on exploration, production and refining mainly in North America

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In December 2021, Rockland Capital entered into a definitive agreement to acquire the two gas-fired peaking facilities of Agilon Energy for $64.3 million

In Nov 2019, Rockland Capital purchased US renewable energy portfolio from Chicago-based Seventus LLC, a subsidiary of Suzlon Energy. In this deal Rockland acquired more than 800MW wind and solar portfolio. The deal amount was not disclosed

In May 2019, Rockland Capital acquired 100% of the interests in Rolls Royce Power Development Limited – now renamed Whitetower Energy Limited from Rolls Royce Plc. The 308MW Portfolio comprises five natural gas peaking facilities located throughout the UK

In May 2018, Rockland Capital acquired 12MW natural gas combined cycle facility located in Dayton, Ohio

In May 2018, Rockland Capital acquired 12MW natural gas simple cycle facility located in Sidney, Ohio

In May 2018, Rockland Capital acquired Montpelier, a 263MW natural gas simple cycle facility located in Poneto, Indiana

In Sep 2016, Rockland Capital, LLC acquired 100% interests in a combined cycle cogeneration facility located in Clark County, Nevada (“NCA2”) \and a dual-fuel combined cycle facility located in Pasco County, Florida (“Pasco”) from affiliates of Quantum Utility Generation, LLC. NCA2 is a fully contracted, 85MW natural gas-fired qualifying facility that sells 100% of its electric output to Nevada Power under the terms of a long-term PPA and Pasco is also a fully contracted, 121MW dual-fuel combined cycle plant that sells 100% of its electric output to TECO under the terms of a Tolling Agreement

In March 2015, Rockland Capital acquired a 17MW biomass plant located in Rabun county, Georgia

In July 2013, Rockland Capital acquired Lakeswind Power Partners, LLC which owned a 49.9MW wind facility in Minnesota, US. Lakeswind will sell a majority of its power under a 20-year contract with the Wisconsin municipal joint action agency Great Lakes Utilities

In March 2012, Rockland Capital completed its acquisition of Beacon Power Corporation’s 20MW flywheel energy storage plant in Stephentown, New York, and most of the other assets of the Company. Under the terms of the agreement, Rockland purchased substantially all of the Company’s assets for a combination of cash and a promissory note to the US Department of Energy, totalling $30.5 million

Other Details

Rockland Capital’s portfolio investments are located throughout the US and the UK and ranges in size between 1,875MW to 5MW. The portfolio comprises natural gas, coal, biomass, oil, energy storage, wind and solar power. It works with industry players and vendors who are looking for an operational partner for new, existing or refurbished projects.

Its most recent open fund is Rockland Power Partners IV. The fund is managed by Rockland Capital and targets investments in the oil & gas sector.

Angelo, Ares Private Equity Group, Broadway Electrical, GE Energy Financial Services, Goldman Sachs Asset Management, Lightyear Capital, Main Line Generation, Solus Alternative Asset Management, Veber Partners, and Wolverine Power Supply Cooperative are some of the co-investors who invest alongside Rockland Capital.

Source: Pitchbook, Company Website, Press Release