The Silverfern Group makes follow-on investment into Broad River Power Holdings
May 10, 2017
The Silverfern Group, a leader in global direct investment, announced that it has completed a follow-on investment into Silverfern portfolio company Broad River Power Holdings, an 878MW dual-fuel, simple-cycle gas turbine electric power plant strategically located 40 miles from Charlotte, North Carolina, in partnership with Arroyo Energy Investors.
About Broad River
Broad River Energy Center is a 5×0 Simple Cycle Generating Facility producing electricity under a long term tolling agreement located in Gaffney, South Carolina. Broad River utilizes 5 GE 7FA.03 gas turbine generators for the generation of electrical power. The units can be on the grid and supplying power within 15 minutes to help serve peak and emergency loads.
Location: Gaffney, SC. MW: 878. Fuel: Natural Gas (Primary), Distillate Fuel Oil (Back-up). Technology: Simple Cycle. Commercial Operation: 2000 – Present.
About Silverfern
Founded in 2001, Silverfern is amongst the few truly global middle-market, multi-asset class, investment management firms in the world today. Silverfern invests on behalf of both institutional investors and a global network of more than 65 of the world’s largest and most sophisticated multi-billion-dollar single family offices, and has a global partnership with the Citibank Private Bank.
