MPH Sunrise

In June 2023, Investec Energy & Infrastructure Finance closed a 5-year $240 million senior-secured debt financing to support Hull Street Energy in its acquisition of Sunrise.

Our role

Investec acted as Coordinating Lead Arranger, Joint Bookrunner and Administrative Agent. In its capacity Investec led the structuring and syndication of the credit facilities. Investec underwrote $120 million, providing execution certainty to Hull Street Energy early in the bookrunning process and achieved successful syndication by financial close.

About Sunrise

Sunrise is a 586MW combined cycle combustion turbine plant located in Kern County, California. Sunrise is a critical source of efficient baseload power and capacity in California. Dispatchable generation is fundamental in the maintenance of grid stability in the region and supports the energy transition by facilitating increased penetration of renewables.

About Investec North America

Our team in North America, based in New York, consists of professionals who specialize in equity sales, corporate access, energy, and infrastructure finance. Our experts in the region are skilled in organizing, facilitating, financing, and distributing deals in the energy, transport, and infrastructure industries. With two decades of experience in North America and a deep understanding of the energy and infrastructure sectors, we are well-equipped to assist you in finding the most suitable financing strategy for your requirements. Whether you are an energy developer, infrastructure fund, private or listed corporation, or an institutional investor, we have the expertise to structure, arrange, underwrite, and distribute transactions on your behalf.