| Profile: |
Latin
Power II (as of 06/30/2009) |
| Inception
date: |
1998 |
| |
|
| Number of Plants: |
11 |
| Total capital raised: |
$157 million |
| Total invested: |
$161 million |
| |
|
| Total Distributions To Investors: |
$365 million |
| |
|
| Maximum % Net Capital Drawn: |
45.0% |
| |
|
| Times Commitment Returned: |
x 2.2 |
| |
|
| Realized Quarterly IRR: |
Realized Gross 26% |
| |
|
| Exits: |
10 |
Investment Strategies and Select Highlights:
- Pursue majority positions to ensure management control and a majority seat on the Board of Directors
- Participate as part of a multi-national group of global and local investors
- Pursue acquisition projects that generate immediate cash-flow given exit of strategic players to the region creating greater opportunity
- In 2007 all the remaining assets in the portfolio, except Southern Cone, were sold. Jamaica has a small portion of the paid money in an escrow account to be released in Q3 2008. Mexhidro has $21 million in escrow account to be released in three equal amounts over the first three Quarters of 2008.
CLOSE WINDOW
|
