Lotus Infrastructure to acquire Caithness Long Island Energy Center from Caithness Energy.

Lotus Infrastructure, a private equity investment firm, agreed to acquire Caithness Long Island Energy Center, a 365 MW natural gas fired power generation asset, from Caithness Energy, a power producer. Financial terms were not disclosed. "Caithness Long Island, as an extremely efficient power plant with one of the lowest heat rates in NYISO Zone K, is well suited to provide reliable, dispatchable generation into the New York power market for decades to come. As industrial and data-center related investments continue to advance in the region, we expect CLI to play an increasingly critical role in sustaining these initiatives and providing reliable power for Long Island and New York State," Himanshu Saxena, Lotus Chairman and CEO.