• Topaz Power, Formerly Managed Portfolio

  • Sapphire Power, Formerly Managed Portfolio

  • Raven Power, Formerly Managed Portfolio

Prior to forming Extol Energy LLC to pursue conventional power generation investment opportunities jointly with Riverstone Holdings LLC (“Riverstone”), the Topaz Power Management, LP (“TPM”) team provided full-spectrum asset management services for competitive power portfolios owned by Riverstone. Most recently, TPM managed RJS Power Holdings LLC and its subsidiaries, (the “RJS portfolios”): Jade Power Generation Holdings LLC (“Topaz Power”), Sapphire Power Generation Holdings LLC (“Sapphire Power”), and Raven Power Generation Holdings LLC (“Raven Power”). The RJS portfolios merged with PPL Corporation’s merchant power generation businesses to create Talen Energy, a new stand-alone, publicly traded independent power producer, on June 1, 2015.