#United States #Dallas #Tailwater Capital #Baker Hughes #Frontier Infrastructure

Frontier Infrastructure Strengthens Its Power Generation Strategy

Frontier Infrastructure Holdings has announced several significant developments to enhance its position in the low-carbon energy sector. The company, known for its commitment to scalable power generation across the Mountain West and Texas, has made a strategic move by acquiring advanced turbine technology, securing a substantial loan, and appointing a seasoned executive to its board. This multifaceted approach aims to boost their behind-the-meter (BTM) energy projects in response to the increasing demand for reliable power solutions.

Acquisition of NovaLT™ Turbines

One of the most notable components of Frontier's strategy is the purchase of 270 megawatts (MW) of advanced NovaLT™ gas turbines from Baker Hughes. This acquisition marks a pivotal step in the company's immediate plan to deploy its first wave of BTM generation sites in Wyoming and Texas. This agreement was part of a broader partnership announced earlier this year, aimed at revolutionizing power and carbon capture technologies for heavy power users.

Robby Rockey, President and Co-CEO of Frontier, stated, "We are witnessing a swift change in how major power consumers prioritize reliability and emissions. The acquisition of these turbines, combined with our innovative BTM solutions and the technology provided by Baker Hughes, positions Frontier to deliver the infrastructure that meets the needs of today's energy consumers while adhering to sustainability goals."

Financial Backing for Turbine Purchase

To facilitate the acquisition of these turbines and accelerate its development in the power sector, Frontier successfully secured a significant $130 million senior secured equipment supply loan from Kennedy Lewis Investment Management LLC. Kennedy Lewis acted as the Sole Lead Arranger for this transaction. The sum not only supports the procurement of the turbines but also positions Frontier to expand its BTM energy model, which delivers localized, on-demand power solutions.

"This investment from Kennedy Lewis is crucial for scaling our power platform and establishing a strong presence in the BTM market," said Steven Lowenthal, Co-CEO of Frontier. Social support comes from financial advisors PEI Global Partners who facilitated the transaction, ensuring everything occurred smoothly and quickly.

Leadership Expansion with Jonathan E. Long

In addition to its equipment acquisition and financial backing, Frontier announced the appointment of Jonathan E. Long as a Board Advisor. Long, who has over three decades of experience in the power generation field, previously served as Vice President of Power Development at Entergy. His extensive industry knowledge is expected to be invaluable as Frontier embarks on further growth and infrastructure expansion, especially in BTM and Carbon Capture and Storage (CCS) projects.

Stephen Lipscomb, Partner at Tailwater Capital, expressed excitement about Long's addition to the team, stating, "His expertise in large-scale energy projects will play an essential role in helping us provide reliable, low-carbon energy solutions to high-demand sectors."

About Frontier Infrastructure

Founded as a pioneer in low-carbon infrastructure, Frontier Infrastructure Holdings is committed to serving the growing energy demands from various sectors. With specialized expertise in power generation and carbon capture technologies, the company is uniquely positioned at the forefront of industrial decarbonization practices, ultimately aiming to create scalable, effective solutions that contribute to a sustainable energy future. For further details, visit frontierccus.com.

As demand for sustainable energy solutions continues to rise, Frontier Infrastructure Holdings is strategically positioned to meet this challenge head-on, reinforcing its role as a leader in low-carbon power solutions. By focusing on cutting-edge technology and expert leadership, the company is set to lead the way in the next generation of energy solutions.