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Midland Cogeneration Venture

Company Summary

Description

MCV is the largest natural gas fired combined electrical energy and steam energy generating plant in the United States of America. MCV is a major supplier of electrical energy to customers in Michigan and the midcontinent, and a supplier of bulk process steam energy to proximity chemical production companies. Using combined-cycle heat and power (CHP) technology, MCV is an integral part of the clean energy economy, efficiently converting the energy contained in natural gas to produce electricity and process steam.

Website

http://www.midcogen.com/about.php

Recent news

  • 9/26/2022 - Capital Power and... (subscriber access)

Company Transactions

Date: 9/27/2022
Type: Acquisition

BUYERS:
  • Capital Power Corp
  • Manulife Investment Management
    • SELLERS:
  • Midland Cogeneration Venture
    • ASSETS:
  • Midland Cogeneration Venture
    • DETAILS:

    VOLUMES: 1633 MW

    NOTES:
    Capital Power and Manulife Investment completed the 100% interest acquisition of MCV Holding Company. Midland Cogeneration Venture holds a 1,633-megawatt natural gas combined-cycle cogeneration facility. Capital Power and Manulife contributed $186 million to the Joint Venture.
    REGIONS:
  • Midwest