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Granite Shore Power LLC

Company Summary

Description

A newly-formed 50-50 partnership between Atlas Holdings of Greenwich, CT and Castleton Commodities International (CCI) of Stamford, CT

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Company Transactions

Date: 1/12/2018
Type: Acquisition

BUYERS:
  • Granite Shore Power LLC
    • SELLERS:
  • Eversource Energy
    • ASSETS:
  • Merrimack Station
  • Newington Power Plant
  • Schiller Station
  • Lost Nation Power Plant
  • White Lake Power Plant
    • DETAILS:

    COST: 175 $MM

    VOLUMES: 1130.1 MW

    NOTES:
    Eversource's three fossil generation facilities and two remote combustion turbines are being sold for $175 million to Granite Shore Power, LLC, a new subsidiary owned 50-50 by Atlas Holdings and Castleton Commodities.
    REGIONS:
  • New England
  • Northeast