Fengate completed the acquisition of Freeport Energy Center from Calpine.

Fengate, an alternative investment manager, completed the acquisition of Freeport Energy Center, a 260 MW natural gas-fired, combined-cycle cogeneration power plant, from Calpine, a generator of electricity. Financial terms were not disclosed. "The Freeport Energy Center plays an important role in supporting a significant manufacturing facility and this acquisition is an excellent fit with our power and energy infrastructure investment strategy. We are very impressed with the facility's track record, operations and people, and look forward to partnering with Dow and the onsite team with a focus on continued excellence, on behalf of our investors," Greg Calhoun, Fengate Managing Director, Infrastructure Investments.