March 18 (Reuters) - Global investment firm Avenue
Capital Group said on Tuesday it will sell a portfolio of energy
transition-focused assets in California to Partners Group for
$2.2 billion.
The assets, which include 11 natural gas-fired power plants,
will be sold by Avenue Golden Continuation Fund, a fund managed
by Avenue and operated by Middle River Power.
Avenue, which has over $11 billion in assets under
management, said Guggenheim Securities and Morgan Stanley & Co.
acted as financial advisers on the deal for the company.