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Marathon Capital Advises CPV Renewables on the Sale of Minority Stake to Harrison Street

August 20, 2024

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Utility Scale Clean Power

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  • Ted Brandt

    Chief Executive Officer

  • Felipe Arrazola

    Managing Director

Marathon Capital is pleased to announce that CPV Renewable Power, LP ("CPV Renewables”), a CPV Group affiliate, has signed an agreement with Harrison Street to expand their strategic partnership. Per the agreement, Harrison Street will acquire one-third of CPV Renewables, with the investment proceeds used to support and accelerate the Company’s rapidly growing renewable energy business. Marathon Capital acted as exclusive financial advisor to CPV on the transaction.

“CPV has been at the forefront of the industry for over twenty-five years, and we were delighted to advise them on their expanded partnership with Harrison Street. This partnership will support the expansion of CPV’s 4 GW renewable energy project pipeline, helping to respond to the industry's increasing energy demands.” – Ted Brandt, Founder & CEO, Marathon Capital

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