NOTES:
NRG Energy signed a deal on 2/28/2021 to divest 4,850 MW in fossil fuel generation assets to ArcLight Capital Partners affiliate Generation Bridge. The assets being sold are located in the East and West regions of NRG's operations, and as part of the deal, they entered into a tolling agreement for the 866 MW Arthur Kill Plant in New York City through April 2025.
NOTES:
ArcLight Energy subsidiaries Parkway Energy & Generation Bridge II have signed a deal with PSEG to acquire its 6,750 MW generation portfolio for $1.92 billion. The deal is scheduled for closing in 4Q21-1Q22 and it includes 13 gas-fired plants across Maryland, New Jersey, New York and Connecticut.
The sale marks a pivot away from fossil fuels by PSEG, with this deal accelerating their net-zero climate goal from 2050 to 2030.
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Criterion News
6/26/2023 - Sunrise Power Holdings... (subscriber access)