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MEAG Completes Sale of Stake in 460 MW Texas Wind Farms to Ardian

MEAG, on behalf of Munich Re, has completed the sale of its minority stake in Texas-based Horse Creek and Electra wind farms, with a combined capacity of 460 MW, to an existing long-term partner in the assets – Ardian.

August 20, 2026. By Mrinmoy Dey

MEAG, on behalf of Munich Re, has completed the sale of its minority interest in the Horse Creek and Electra wind farms in Texas to Ardian, a global private investment firm and the existing long-term partner in the assets. The transaction concludes an investment that MEAG has managed since 2017.

Horse Creek and Electra are operational onshore wind farms with a combined installed capacity of 460 MW. Located in Texas, the projects contribute renewable energy generation to the ERCOT power market and have been operational since 2016.

Commenting on the development, Dr. Alexander Poll, Head of Alternative Assets Americas at MEAG New York, said, “The sale of our interest in Horse Creek and Electra reflects MEAG’s disciplined approach to active portfolio management.”

Gabriel Wagner, Deal Lead, MEAG New York, added, “We appreciate the very constructive partnership with Ardian over the years and believe the transaction positions the assets well for the next phase of their lifecycle.”

Following the transaction, Ardian will consolidate full ownership of the two wind farms.

Olivia Genereux, Director - Infrastructure, Ardian, stated, “Consolidating full ownership of Horse Creek and Electra gives us the platform and flexibility to execute the next phase of our asset management plan to unlock their full potential. We look forward to the next chapter for these assets and to their continued role in one of the most dynamic power markets in the US.”

Tags:

Horse Creek wind farm

Electra wind farm

Wind projects in Texas

Dr. Alexander Poll

Gabriel Wagner

Olivia Genereux