Houston, Jan 28 — Arroyo Investors (“Arroyo”), a Houston-based, independent investment manager focused on power generation and energy infrastructure assets, and ONCEnergy, a newly established renewable energy platform, announce the acquisition of Whirlwind Energy Center, a 60-megawatt wind farm located in Texas.
Whirlwind Energy Center consists of 26 utility-scale wind turbines and provides clean electricity under a power purchase agreement (PPA) with Austin Energy, one of the largest publicly owned utilities in the United States, supporting the utility’s renewable energy portfolio and the broader ERCOT grid. “We are pleased to add this high-quality asset to our portfolio,” said Brandon Wax, Partner at Arroyo. “The acquisition reflects our focus on value-driven investments with strong counterparties, a solid operating track record, and clear relevance to markets with growing capacity needs. Partnering with ONCEnergy allows us to leverage deep operational expertise while expanding our investment footprint in the market.”
ONCEnergy was founded by seasoned clean energy executives who bring decades of experience across renewable investment, development, and operations. “This project exemplifies the disciplined, value-oriented opportunities we originate,” said Martin Mugica, President and CEO of ONCEnergy. “Our team has a long track record of building and operating renewable assets in the U.S., and we look forward to building on this relationship with Arroyo by applying our experience to high-quality investments.”