Consortium acquires stakes in Astoria Energy facilities in New York

A consortium of equity investors including APG, MEAG, and Clal Insurance Company acquired 100% of Astoria Project Partners LLC and approximately 55% of Astoria Project Partners II LLC, which own two 615 MW combined cycle generating facilities in Astoria, Queens, New York. The selling owners included ENGIE, Mitsui & Co, and others.

“Gas remains a key component of our strategy but the sale of ENGIE's interest in Astoria Energy and Astoria Energy II is a step in our transition in the US from merchant generator to an 'energy as a service' solution provider.”engie-na.com

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• engie-na.comEquity consortium closes acquisition of stakes in New York’s Astoria Energy facilities - ENGIE North AmericaKimberly NicklesJun 22, 2020

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