# Capital Power to acquire Arlington Valley gas facility for US$300M

Capital Power Corporation agreed to acquire 100% of the ownership interests in Arlington Valley, LLC, which owns a 580 MW combined cycle natural gas generation facility in Arizona, from Oaktree Capital Management for US$300 million. The transaction is expected to close in Q4 2018.

- Type: Acquisition
- Announced: 2018-09-06
- Where: Arizona, United States
- Value: $300.0M
- Status: announced
- Capacity: 580 MW
- Products: natural gas-fired electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Oaktree Capital Management](https://endata.com/companies/2339.md) (target)
- [Capital Power Corporation](https://endata.com/companies/22368.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/09/06/1566364/0/en/capital-power-to-acquire-well-positioned-580-megawatt-contracted-natural-gas-facility-in-arizona.html), 2018-09-06: "The Arlington facility is a key addition to our U.S. growth plans and fully meets all our investment criteria."

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