Announced
Completed
Financials
Tags
power plant operator
Acquisition
Domestic
Majority
Private Equity
Renewable Energy Equipment
Completed
Single Bidder
United States
Private
Friendly
Synopsis
Castleton Commodities International, a global energy commodity merchant with integrated businesses focused on marketing, merchandising, and trading commodities, completed the acquisition of a majority stake in the New Salem Harbor Power Plant. Financial terms were not disclosed. "CCI’s acquisition of NSH provides us the opportunity to deepen our presence in North American power markets,” Arvind Rajpal, CCI Principal Investments team.
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