Trigen Completes Purchase of California/Nevada District Energy Systems

06/5/06  • Energy

Sempra Generation's facilities management group owns Community Energy Systems in southern California and Nevada. As an integral part of the local energy infrastructure, Community Energy Systems provide efficient, sustainable solutions to customers in urban environments. The systems acquired by TNAH in this transaction provide cooling and heating for 30 million square feet of conditioned space in office buildings, casinos, hotels, hospitals, condominiums and medical centers.

Based in Boston, TNAH is a privately-held company focused on Community Energy Systems and related energy investments. TNAH is owned by investment funds managed by Sowood Capital Management LP, a Boston-based investment manager. TNAH, through its ownership of The Trigen Companies (Trigen), is the largest owner and operator of Community Energy Systems in North America. Trigen supplies electricity, steam and chilled water to sports complexes, commercial buildings, government buildings, hospitals, universities and residential complexes in New Jersey, Maryland, Massachusetts, Pennsylvania, Missouri and Oklahoma.

"Owning and operating Community Energy Systems is Trigen's only business, and as the largest owner of Community Energy Systems in North America, the acquisition of Sempra Generation's energy facilities management group is consistent with our plan for continued expansion, and adds to Trigen's geographical diversification," said Lance Ahearn, CEO of the Trigen Companies.

"The addition of operations in Las Vegas and the Los Angeles metropolitan area complements Trigen's presence in the Northeast, Mid Atlantic and Midwest markets. Trigen welcomes our new employees in California and Nevada, and we look forward to providing them with the resources to deliver Trigen services to present and future customers."

The Trigen Companies are Grays Ferry Cogeneration Partnership; Trenton Energy Corporation; Trigen-Baltimore Energy Corporation; Trigen-Boston Energy Corporation; Trigen Building Services Corporation; Trigen-Kansas City Energy Corporation; Trigen-St. Louis Energy Corporation; Trigen-Missouri Energy Corporation; Trigen-Oklahoma Energy Corporation and Trigen-Philadelphia Energy Corporation.

Trigen Media Contact

Keith R. Schmitz, 877.851.3454