Private equity firm Hull Street Energy (HSE) has completed the acquisition of two US peaking power generation facilities with a combined capacity of 1.26GW from Rockland Capital.
The transaction brings the 677MW Lee County Generating Station in Illinois and the 586MW Tait Electric Generating Station in Ohio into HSE's thermal power generation platform, Milepost Power.
Funding for the deal included equity from HSE-managed funds along with senior secured debt financing.
The acquired sites make up the GridFlex Portfolio. The Lee County Generating Station is a natural gas turbine facility.
The Tait Electric Generating Station operates as a dual-fuel power plant.
#power #tait #generation
The transaction brings the 677MW Lee County Generating Station in Illinois and the 586MW Tait Electric Generating Station in Ohio into HSE's thermal power generation platform, Milepost Power.
Funding for the deal included equity from HSE-managed funds along with senior secured debt financing.
The acquired sites make up the GridFlex Portfolio. The Lee County Generating Station is a natural gas turbine facility.
The Tait Electric Generating Station operates as a dual-fuel power plant.
#power #tait #generation
2 months ago
