Northern Star Generation LLC ("NSG") is a privately held power generation company dedicated to providing reliable service to its customers, most of whom hold long term contracts with NSG for power generation capacity and energy production. NSG was formed in early 2004 to own and operate a portfolio of power plants with long term contracts that was being divested by El Paso Corporation. Since the initial acquisition from El Paso in 2004, NSG has completed several transactions to add to its ownership share of these plants. Northern Star Generation Services Company LLC, a subsidiary of NSG, provides asset management and operations and maintenance services to the parent company and to its subsidiary project companies.
NSGs Measure of Success
Owners
Northern Star Generation is owned jointly by Archmore International Infrastructure Fund and affiliates of Harbert Power, LLC and the California Public Employees Retirement System ("CalPERS").
Archmore International Infrastructure Fund is managed by the direct infrastructure equity investments team within the Real Estate & Private Markets (REPM) business area of UBS Global Asset Management, a large-scale asset manager. The team invests on a long-term basis in diversified, core equity infrastructure assets in OECD countries. REPM manages over USD 90 billion of assets supporting clients out of over 25 locations worldwide and with a team of around 550 professionals.
Harbert Power, a subsidiary of Harbert Management Corporation, is involved with development, construction, ownership and operation of independent power generating facilities and power related assets in North America. Since Harbert began its power business in 1986, the company has managed the investment of approximately $1.3 billion of equity across 31 power projects in the United States and Canada and raised approximately $1.7 billion of debt in the commercial bank and capital markets. Harbert develops, acquires and manages power assets for six investment funds, Harbinger Independent Power Funds I and II, Harbert Power Funds III, IV, and V, and Gulf Pacific Power, a joint venture with CalPERS.
CalPERS is the largest public pension fund in the U.S., with approximately $300 billion in assets. CalPERS administers health and retirement benefits on behalf of 3,064 public school, local agency, and state employers. There are more than 1.6 million members in the CalPERS retirement system and more than 1.3 million members in its health plans.
Company Name | Northern Star Generation LLC |
Business Category | Renewable Energy |
Address | 2929 Allen Parkway Suite 3275 Houston Texas United States ZIP: 77019 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
Phone Number | Locked content | Subscribe to view |
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Name | Position | Contact Details | Subscribe to view |
*** | General Manager | Locked content | |
*** | Director of Finance & Accounting | Locked content | |
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*** | Asset Manager | Locked content | |
*** | Director of Tax | Locked content | |
*** | Asset Manager | Locked content |