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Hull Street Energy completed the acquisition of four New York thermal power plants from J-Power USA.

Synopsis

Hull Street Energy, a private equity firm, completed the acquisition of four New York thermal power plants from J-Power USA, a power generation facilities developer. Financial terms were not disclosed. The portfolio includes Edgewood Energy, Shoreham Energy, Pinelawn Power and Equus Power I. Located on Long Island, the portfolio provides 300 megawatts of critical power generation to support New York customers. HSE owns approximately 2,590 megawatts of strategically located gas-fired and dual-fueled generation capacity operating as part of the Milepost Power fleet to provide meaningful grid reliability support to the decarbonizing United States grid. "We are excited to partner with our new team members to provide reliable power and capacity service to the Long Island market," Edward Quinn, Milepost Power CEO.

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