Our Mission

Pacolet Milliken is a family-owned investment company with a multi-generational investment horizon. Its long-term economic goals are to increase the intrinsic value of its business, while meeting the dividend expectations of its shareholders. Pacolet operates through two divisions: Real Estate and Power & Infrastructure. We manage these two divisions holistically, balancing non-cash value creation and near-term cash flows, stabilized assets and development projects, and organic growth and acquisitive growth, all in a manner designed to meet shareholder objectives.

We embrace our shareholders’ mandate to operate at the intersection of profitability and values. Pacolet is not merely a financial enterprise, but also a vehicle through which shareholder values are expressed in business strategies that improve the communities and world in which we live. We own both operating companies and project investments. We look for defensible, middle market niches within compelling trends, such as capital inflows into renewables. We invest with institutional discipline, but are more patient about achieving superior returns than rigid IRR investors (who may seek to monetize gains as soon as possible), and thus may hold our assets longer than investors with rigid exit requirements.