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Strategic Value Partners completed the acquisition of Birdsboro Power.

Synopsis

Strategic Value Partners, completed the acquisition of Birdsboro Power, a natural gas-fired combined-cycle generation facility. Financial terms were not disclosed. "We are excited to partner with SVP in its investment in Birdsboro Power, which is an environmentally advantaged plant with efficient new turbine technology that is well-positioned to serve its customers in a period of significant forecasted demand growth. We look forward to working with our partners in optimizing the operational and commercial performance of this important facility and continuing to deliver reliable, flexible and efficient power in the region," Dave Freysinger and Ari Barz EverGen CEOs.

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