# 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.

- Type: Acquisition
- Announced: 2020-06-22
- Where: Astoria, Queens, New York, United States
- Status: completed
- Products: electricity, combined cycle power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Engie](https://endata.com/companies/999.md) (partner)
- [Mitsui & Co.](https://endata.com/companies/10710.md) (partner)
- [APG](https://endata.com/companies/43969.md) (investor)
- [MEAG](https://endata.com/companies/44603.md) (investor)
- [Clal Insurance Company](https://endata.com/companies/44604.md) (investor)
- [Astoria Power Partners Holding](https://endata.com/companies/48039.md) (acquirer)
- [Harbert Power Fund III](https://endata.com/companies/48040.md) (partner)
- [Harbert Power Fund V](https://endata.com/companies/48041.md) (partner)
- [JEMB Family L.P.](https://endata.com/companies/48042.md) (partner)
- [Ares EIF Management](https://endata.com/companies/48043.md) (partner)
- [TIAA](https://endata.com/companies/48044.md) (partner)
- [NM Harbert Astoria LLC](https://endata.com/companies/48045.md) (partner)

## Sources

- [engie-na.com](https://www.engie-na.com/ny_astoria_sale/), 2020-06-22: "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."

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