Overview - Pacolet Milliken

Leaders in the Sustainability Energy Transition

Pacolet Power & Infrastructure is an owner and operator of a diverse set of sustainable infrastructure assets that includes utilities, renewables and industrial infrastructure. It focuses its investment efforts on projects and companies that play a direct role in the broader Energy Transition occurring in our country today. The bulk of its portfolio has a direct impact on decarbonization efforts. Its ownership structure of investments range from wholly-owned to substantial minority positions.

Lockhart Power

Renewable Energy

Bushy Park

Hydera

Ni Pacolet

Investment Mandate

We target energy and infrastructure businesses that have the characteristics set forth below. We generally do not invest in start-ups or unestablished technologies.

Environmentally Responsible

Proven Technologies

Standard Engineering & Construction

Quality Credit Counterparties

Steady Cash Flow

Upside Value Potential

Regulated Utility Return Levels or Better

Residual or Franchise Value

Greenways & Blueways

Pacolet supports multiple greenway trail initiatives including Spartanburg’s “The Dan,” The Palmetto Conservation Foundation’s “Palmetto Trail,” the “Green Crescent Trail” in Clemson, SC, and “The Thread Trail” in LaGrange, GA. All of Pacolet’s mixed-use development projects contain sidewalls and trails that connect to one of these regions trail networks.

Community Development

Pacolet Milliken has been actively working in the Drayton community since the company’s inception. The initial efforts, which focused on redevelopment of the historic mill, quickly expanded into a holistic mindset for helping the community become a place where people want to live, work and play. A master plan was created and serves as a guide to ensure that individual development projects fit together, and that the resulting community is greater than the sum of its parts.

Green Power Generation

Pacolet continues to increase the size of solar projects & the rate in which those projects come online. To date, Pacolet has 24 solar projects in spread throughout the county (South Carolina, New Mexico, Maine, and Massachusetts) generating over 60 MWs power.