# 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.

- Type: Acquisition
- Announced: 2026-09-16
- Where: New York City, New York, United States
- Status: announced
- Capacity: 615 MW
- Products: electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Astoria Energy II](https://endata.com/companies/44647.md) (target)
- [Gulf Pacific Power](https://endata.com/companies/66066.md) (partner)
- [Electricity Generating Public Company Limited](https://endata.com/companies/67893.md) (acquirer)

## Sources

- [egco.com](https://www.egco.com/en/newsroom/press-releases/604/egco-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), 2026-09-18: "This investment in Astoria Energy II (AE II) clearly demonstrates EGCO Group's disciplined execution of our asset recycling strategy."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.