LAKESIDE PARTNERS ADVISES BLACK HILLS CORPORATION IN SALE OF TOP OF IOWA TO PEREGRINE ENERGY solutions llc

Lakeside Partners (“Lakeside”), a leading boutique investment bank specializing in M&A advisory services, acted as the financial advisors to Black Hills Corporation (“Black Hills”) on its sale of Top of Iowa wind farm to Peregrine Energy Solutions LLC.  Lakeside partnered with Parkview Energy Services LLC (“Parkview”), a boutique renewable advisor to advise Top of Iowa.  Top of Iowa is a utility grade wind asset located in northwest Iowa that was constructed in 2001 and requalified for Production Tax Credits in 2019. The asset has a 20+ year track record as a strong producer of wind energy in the region.

The transaction bolsters Lakeside’s renewable energy practice, where the firm continues to expand its presence.  Taylor Fish, Partner at Lakeside, led the execution of the transaction. “Top of Iowa is a great asset, located on an excellent wind resource with significant room for redevelopment. With proven technology in place and significant near- and long-term opportunities for optimizing operating efficiency and power generation, we are excited to track Peregrine’s plans for the site.” Taylor commented “We feel very fortunate to have advised Black Hills on the sale of the project.”

Lakeside’s knowledge of the renewable landscape, structured process and established industry relationships enabled the team to execute a highly competitive marketing process leading to a great outcome for Black Hills. Lakeside managed all key aspects of the transaction (e.g., marketing, strategic positioning, negotiations, etc.) to drive a successful outcome for all parties.

About Lakeside

Lakeside, which has offices in Minneapolis, MN and Seattle, WA, provides M&A advisory services to privately-held businesses.  The firm has extensive expertise serving businesses across multiple industry verticals including industrial distribution, renewables, transportation & logistics, niche manufacturing, consumer products, food & beverage, business services, and technology, among many others.

For more information about our firm or this transaction, please contact:

Taylor Fish
Partner
tfish@lakesidepartners.com
605.759.0341

Chase Wichelmann
Partner
cwichelmann@lakesidepartners.com
651.356.1753

Gary Fish
Strategic Advisor
gfish@parkviewenergy.com
605.366.3574

 www.lakesidepartners.com