Kensington Power Income Fund closes final deal with Genalta investment
Kensington Power Income Fund LP, which is managed by Canadian alternative assets investor Kensington Capital Partners, has completed its final investment. The Kensington fund closed a deal with Genalta Power Inc that allowed the fund to take equity interests in 10 electrical generating plants with 70 megawatt of installed capacity in Alberta's Peace River District and Woodland County areas, and British Columbia's Crowsnest Pass region. The deal's financial terms were not disclosed. Based in Calgary, Genalta is a power producer that generates electricity from alternative energy sources.
13 January 2015•2 mins read
