# Dominion Energy sells stakes in three US power plants for $1.32bn

Dominion Energy agreed to sell its 100% interest in the Fairless and Manchester Street power plants to Starwood Energy Group for $1.23 billion, and a 25% stake in Catalyst Old River Hydroelectric for $90 million.

- Type: Acquisition
- Announced: 2018-09-28
- Where: Pennsylvania, Rhode Island, Louisiana, United States
- Value: $1.32B
- Status: announced
- Capacity: 1.7 GW (Fairless and Manchester), 192 MW (Catalyst Old River)
- Products: electricity from natural gas and hydroelectric power plants
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Dominion Energy](https://endata.com/companies/15091.md) (partner)
- [Starwood Energy Group Global](https://endata.com/companies/34582.md) (acquirer)

## Sources

- [power-technology.com](https://www.power-technology.com/news/deals-week-dominion-octopus-siemens-pw-power-systems/), 2018-09-27: "Dominion Energy has agreed to sell its stake in three US power plants for $1.32bn."

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