Complete Energy Announces Equity Investment.HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; -- Power generation upstart Complete Energy Holdings, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Complete Energy") announced today the completion of an equity investment by Engage Investments, L.P. The investment will help accelerate Complete Energy's aggressive strategy to grow its portfolio to 7,000 - 10,000 megawatts of generating capacity over the next three years. Engage, funded by the Erving Wolf family of Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , will also have the opportunity to invest on a preferred basis in future power generation transactions. "This investment by Engage gives Complete Energy a solid financial foundation to continue to aggressively pursue power generation assets," said Hugh Tarpley, Managing Director of Complete Energy. "It will further our strategy to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. attractive investment opportunities due to the decline in power generation valuations." Engage Managing Director Clark C. Smith said, "We've been impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with Complete Energy's ability to effectively evaluate investment opportunities, to accurately value both contracted and merchant assets, and to move quickly once opportunities have been identified. We are very pleased with our investment in Complete Energy, and with the potential it brings." Complete Energy and Engage will capitalize on the more than 100 years of combined industry experience, the successful track records of both companies and strong client relationships already established. About Complete Energy Complete Energy is an acquirer, owner and operator of power generation assets, with offices in Houston, Pittsburgh and Minneapolis. It is led by industry veterans Lori Cuervo, Peter Dailey, Milton Scott and Hugh Tarpley. Complete Energy is actively acquiring merchant and contracted power plants currently being divested by utilities, independent power producers and financial institutions. Complete Energy is also allied with Power Plant Professionals, LLC, an experienced operations and maintenance provider headquartered near Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. , and Fulcrum fulcrum: see lever. Power Services, LP, a leading commercial energy services company headquartered in Houston, Texas. About Engage Investments Engage Investments, L.P. is a private company that targets investment opportunities in power generation, natural gas pipelines, natural gas gathering and processing as well as natural gas storage facilities. Engage is managed by Clark C. Smith and funded by the Erving Wolf family. The Wolf family has been an active investor in the energy industry for more than 40 years. The Wolfs have invested primarily in the exploration and production sector, and have diversified diversified (di·verˑ·s their exposure to varied components of the energy industry through Engage. |
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