Hunt Companies, Inc. said Tuesday it formed a new affiliate, WhiteHawk Capital, LLC, to serve as an investment management firm providing capital to fund energy and social infrastructure projects through public-private partnerships with government agencies and utilities. The El Paso company seeks to invest in, or construct and operate renewable energy projects in North America with a specific emphasis on large scale solar technologies.
HUNT COMPANIES, INC. ANNOUNCES NEWLY FORMED AFFILIATE, WHITEHAWK CAPITAL, LLC
El Paso, TX – (April 20, 2011) – Hunt Companies, Inc. announced today the formation of a new affiliate, WhiteHawk Capital, LLC. The announcement was made by Woody Hunt, Chairman and Chief Executive Officer of Hunt Companies, Inc. With this investment, Hunt Companies, Inc. seeks to capitalize on the changes occurring as the global energy market embraces and begins to depend upon renewable technologies and their applications. “WhiteHawk leverages our company’s capabilities across real estate development and public-private partnerships into the rapidly growing cleantech infrastructure industry and further demonstrates our ongoing commitment to contribute to a sustainable energy future,” said Woody Hunt.
WhiteHawk Capital, LLC, led by Managing Directors Mark Begeny and Scott Bush, is an asset-based investment management firm that provides institutional and principal capital to fund energy and social infrastructure projects through public-private partnerships with government agencies and utilities. The company seeks to invest in, construct, own and operate high quality renewable energy projects in North America with a specific emphasis on large scale solar technologies. The firm specializes in the identification of superior, risk adjusted investments for institutional and high net-worth investors and does so through the investment in larger scale renewable, energy efficiency and energy security projects.
WhiteHawk will be partnering with other Hunt affiliates to build its investment portfolio, focusing primarily on opportunities that involve public-private partnerships. “Hunt’s powerful track record in real estate investment management and commercial development greatly enhances our firm’s ability to create significant value for both our investors and our public sector clients. This expertise, when combined with WhiteHawk’s strong partnering relationships with some of the nation’s leading energy companies, positions us as a premier investment management and development partner for organizations seeking to participate in the rapidly evolving renewable energy sector.” Mr. Begeny remarked.
ABOUT HUNT COMPANIES, INC.
Founded in 1947, Hunt Companies, Inc. has become a leading national privately-owned real estate investor, manager, developer, and contractor. Hunt’s focus and experience is in sectors such as public-private partnerships, military housing, mixed-use, multi-family housing, master-planned communities, government build-to-lease programs, retail, and office. The services Hunt provides to these sectors include Investment Management, Development, Construction Services, and Asset and Property Management Services.
Hunt and its affiliates have $9.98 Billion Assets Under Management. These assets include 65,000 Multi-Family Housing units, 5.7 million square feet of commercial, 1 million square feet of industrial and 3.7 million square feet of retail. Hunt’s expertise is also comprised of 90,000 housing units built, thousands of acres of land developed, and over 400 projects completed in 32 states. Development project costs have been in excess of $6.3 billion, with over $7.8 billion in construction costs. Hunt’s 2010 gross revenue was over $900 million.
Hunt affiliates include Hunt Building Company, Hunt Development Group, Hunt Communities, Hunt Military Communities, TRECAP Partners, Hunt Capital Partners, and LEDIC Management Group. Hunt Companies, Inc is headquartered in El Paso, TX with regional offices in Washington, D.C; Albuquerque, NM; Honolulu, HI; Los Angeles, CA; Chicago, IL; Philadelphia, PA; and Memphis, TN. For more information, visit www.huntcompanies.com.