1 day ago
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The Federal Energy Regulatory Commission on Thursday approved power plant deals for gas-fired generation in New York and Colorado.
In the larger deal, PowerTransitions, an independent power producer, has agreed to buy the 1,242-MW, gas- and oil-fired Roseton power plant in Newburgh, New York, from a Castleton Commodities International subsidiary, according to FERC's decision. Partners Group Holding, a private equity firm based in Switzerland, owns PowerTransitions.
Reflecting its business strategy, PowerTransitions aims to use the Roseton power plant as part of an "energy campus" it intends to develop to serve data centers and other energy intensive industries.
"Its scale and existing grid infrastructure make it an ideal candidate for co-location development into a robust energy campus, including new energy storage systems," PowerTransitions said when it announced the deal last month.
#powertransitions #plant
The Federal Energy Regulatory Commission on Thursday approved power plant deals for gas-fired generation in New York and Colorado.
In the larger deal, PowerTransitions, an independent power producer, has agreed to buy the 1,242-MW, gas- and oil-fired Roseton power plant in Newburgh, New York, from a Castleton Commodities International subsidiary, according to FERC's decision. Partners Group Holding, a private equity firm based in Switzerland, owns PowerTransitions.
Reflecting its business strategy, PowerTransitions aims to use the Roseton power plant as part of an "energy campus" it intends to develop to serve data centers and other energy intensive industries.
"Its scale and existing grid infrastructure make it an ideal candidate for co-location development into a robust energy campus, including new energy storage systems," PowerTransitions said when it announced the deal last month.
#powertransitions #plant
