# JERA acquires 50% stake in Linden Cogen natural gas power plant in New Jersey

JERA agreed to acquire a 50% equity interest in Linden Cogen Holdings LLC, owner of a 972MW natural gas-fired cogeneration complex in New Jersey, from funds managed by Oaktree Capital Management and Ares Management.

- Type: Acquisition
- Announced: 2017-10-12
- Where: New Jersey, United States
- Status: announced
- Capacity: 972 MW
- Products: electricity, steam
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [JERA](https://endata.com/companies/5225.md) (acquirer)
- [Linden Cogen Holdings](https://endata.com/companies/27666.md) (target)

## Sources

- [jera.co.jp](https://www.jera.co.jp/en/news/information/20171012_329), 2017-10-12: "JERA today announced that it has agreed to acquire a 50% equity interest in Linden Cogen Holdings LLC, the owner of a 972MW natural gas-fired thermal power cogeneration complex in the State of New Jersey."

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