Announced
Completed
Financials
Tags
natural gas power plants
Integrated Oil and Gas
United States
Acquisition
Domestic
Private
Majority
Completed
Friendly
Single Bidder
Infrastructure
Synopsis
BKV Corporation and Banpu Power US joint venture, completed the acquisition of Temple II Power Plant, a natural gas-fueled power plant. Financial terms were not disclosed. "We are very excited to be adding the Temple II facility to our asset base. The location alone provides excellent, synergistic opportunities for our growing Texas-based power business and will allow us to continue to deliver exceptional grid reliability for our customers while focusing on our industry-leading environmental standards," Robert Dowd, BKV-BPP Managing Director.
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