EGCO Group acquires 45% stake in Astoria Energy II power plant in New York City

EGCO Group, through its subsidiary EGCO New York LLC, agreed to acquire a 45.0549% stake in the 615 MW Astoria Energy II combined-cycle gas turbine power plant in New York City from Gulf Pacific Power LLC.

“This investment in Astoria Energy II (AE II) clearly demonstrates EGCO Group's disciplined execution of our asset recycling strategy.”egco.com

• 1 source
• egco.comEGCO Group Continues Asset Recycling Strategy, Expands US Base with 45% Acquisition of 615 MW CCGT Power Plant “Astoria Energy II” in the Heart of New York City | Electricity GeneratingSep 18, 2026

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