Announced
Completed
Synopsis
LS Power, an energy company, completed the acquisition of the Hunterstown power generation facility, a combined-cycle gas turbine generating power plant, from Platinum Equity, a global investment firm. Financial terms were not disclosed. "Hunterstown performed well and benefited from meaningful investment and operational oversite during our ownership. We then found a new home for the facility with a buyer who is a natural fit for the long term. We are proud of the outcome and will continue seeking opportunities to put our M&A capabilities to work in creative ways," David Glatt, Platinum Equity Managing Director.
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