ArcLight Acquires ten Power Plants

29 July 2004 - Redwood II, a US company owned by ArcLight Capital Partners, LLC announced Wednesday that it has acquired ten power generation facilities from Redwood, LLC, a wholly owned subsidiary of John Hancock Life Insurance Company.

Redwood L.L.C. exercised its first right of refusal to purchase the plants from El Paso Energy. The plants were among 25 domestic power plants that El Paso had agreed to sell to Northern Star Generation, LLC.

ArcLight Capital Partners, LLC is one of the world's leading energy infrastructure investing firms with more than $2.5bn under management. ArcLight invests throughout the energy industry value chain in hard assets that produce high current income and capital appreciation.

Founded in 2001, ArcLight, with headquarters in Boston and offices in New York City, has 24 investment professionals and is led by Managing Partner Daniel R. Revers and Senior Partner Robb E. Turner.

Sponsored by FLSmidth

Related Articles

EPA releases coal ash rule

The U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy announced the agency will now consider coal ash on the same level as household waste as opposed to hazardous waste. Household garbage and coal ash are both listed in the solid waste category, a stretch from the hazardous waste classification.

Fuel Tech receives air pollution control contracts worth $3.6Mn

Fuel Tech Inc. has received multiple air pollution control (APC) contracts, worth approximately $3.6 million, from customers in China, Europe and the U.S.

Follow Power Engineering on Twitter

Latest News

02-25 Henry Hub Average Natural Gas Spot Prices

02/25 Henry Hub Average Natural Gas Spot Prices

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York M...
 GDF Suez wants Areva to deliver nuclear reactors, wind turbines

GDF Suez wants Areva to deliver nuclear reactors, wind turbines

GDF Suez says it received guarantees from Areva for planned nuclear reactors in Turkey and wi...
 CB&I: We’re not liable for $247mn nuclear power project penalties

CB&I: We’re not liable for $247mn nuclear power project penalties

Chicago Bridge & Iron (CB&I, NYSE: CBI) say they should not be liable for any of the ...
 Siemens upgrades I&C system of GE steam turbines for first time

Siemens upgrades I&C system of GE steam turbines for first time

Siemens (NYSE: SI) received an order to upgrade the instrumentation & controls (I&C) ...
 Weekly Coal Production

Weekly Coal Production

The Weekly Coal Production Report has been updated for the week ended February 21, 2015.

 North Dakota coal production increases 4 percent in 2014

North Dakota coal production increases 4 percent in 2014

North Dakota is known for its booming oil fields, but coal mining in the state also is a heal...
 Spanish company buying US utility serving northeast for $3B

Spanish company buying US utility serving northeast for $3B

Spain's leading electricity and natural gas utility, Iberdrola, says it will buy the northeas...
 Ohio utility regulators reject AEP plan for coal plants

Ohio utility regulators reject AEP plan for coal plants

Ohio utility regulators have rejected an American Electric Power proposal to guarantee profit...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover

Products Showcase

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Buyers Guide Categories

Power Industry Wire News

REMINDER: Scorpio Tankers Inc. Announces Fourth Quarter and Year End Earnings Release Date and Conference Call Details

REMINDER: Scorpio Tankers Inc. Announces Fourth Quarter and Year End Earnings Release D...

Mountain High Acquisitions to Acquire Freedom Seed and Feed, the First Federally Permitted Hemp Seed and Fiber Farm in the USA

Mountain High Acquisitions to Acquire Freedom Seed and Feed, the First Federally Permit...

NW Natural Reports 2014 & Q4 Results

NW Natural Reports 2014 & Q4 Results

Babcock & Wilcox Ends 2014 on High Note With Solid Bookings, $5.3 Billion Backlog, an Industrial Info News Alert

Babcock & Wilcox Ends 2014 on High Note With Solid Bookings, $5.3 Billion Backlog, an I...

Western Gas to Present at Upcoming Barclays Investment Grade Energy and Pipeline Conference

Western Gas to Present at Upcoming Barclays Investment Grade Energy and Pipeline Confer...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>