Energy and Infrastructure

Lockhart Power dam
Pacolet Milliken believes in owning and operating investments within niche segments of the Energy & Infrastructure asset class. We think that facilities that are essential to the economic productivity of a community can bring a combination of income, appreciation and inflation protection that has low correlation with other asset classes. We favor dependable, proven, cost-competitive, base load energy generation and transmission that is driven by regulated frameworks and long term contracts. We believe that trends favor cost-competitive renewable energy generation. We are intrigued by infrastructure that is at the intersection of the US population migration to the Southeast and the influx of goods from abroad.

ENERGY NICHES

Pacolet Milliken is an independent owner-operator of high quality, low cost, renewable power generating facilities. We own and operate a regulated utility, Lockhart Power, which is licensed by the South Carolina and Federal Energy Regulatory Commissions. We also create, in partnership with governments and long-lived institutional entities, customer-centric energy solutions that are operated through long-term contractual relationships. We focus on niches that are too small for larger utilities to develop economically but are too complex, capital intensive or long-lived for many qualified entrepreneurial firms that lack Pacolet Milliken’s time horizon, operating expertise or reputation.

Operating experience

Backed by 90 years of operating experience, we manage our assets internally. We continue to expand our environmentally friendly operations through acquisitions and new development projects that include hydro-electric, landfill gas, co-generation and various waste to energy technologies.