CIM Opportunity Zone Fund, L.P.: M&A transaction — CIM OZ Fund contributes $1.3B solar assets to new vehicle WEPCO, will own ~66.7% after all phases

CIM Opportunity Zone Fund, L.P.

Fund contributed all solar project equity (Castanea, Westlands Solar Blue, Westlands Transmission) to WEPCO Holdings for common units in WEPCO.
Total contributed equity value $1.3B based on March 31, 2025 NAV.
After Phase 1 (Sept 29): 100% ownership of WEPCO; after Phase 2 (Sept 30): ~75.1%; Phase 3 expected: ~66.7%.
Fund remains managing member of WEPCO.
Transaction structured as tax-deferred under Code Section 721.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.7

CIM Opportunity Zone Fund, L.P. completed a disposition involving Westlands Electric Power Company, LLC and Westlands Electric Power Company Holdings, LLC for $1.3 billion (closed 2025-09-29).

Action: disposition
Counterparty: Westlands Electric Power Company, LLC and Westlands Electric Power Company Holdings, LLC
Consideration: $1.3 billion
Closing: 2025-09-29

Exact text from the filing

The Phase 1 Contribution Transactions closed on September 29, 2025. The total aggregate value of the equity interests contributed by the Fund is $1.3 billion, based on net asset values as of March 31, 2025.

View on SEC.gov

Browse all m&a transactions →

Source: SEC EDGAR

accession 0001765107-25-000019

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.