JERA to acquire 100% interest in two thermal power stations in northeastern US

JERA, through its subsidiary JERA Americas, has agreed to acquire a 100% interest in the Canal Thermal Power Station in Massachusetts and the Bucksport Thermal Power Station in Maine, with a total capacity of approximately 1.63 GW, from an affiliate of Stonepeak.

“JERA, through its subsidiary JERA Americas Inc., having decided to participate in thermal power generation projects in Massachusetts and Maine in the United States, has concluded a stock purchase agreement with an affiliate of funds managed by Stonepeak to acquire a 100% interest in the Projects.”jera.co.jp

• 2 sources
• jera.co.jpJERA to Participate in Thermal Power Generation Projects in the Northeastern United States | Press Release(2022) | JERAMay 13, 2022
• enerdata.netJapan's JERA agrees to buy 1.6 GW of thermal plants from Stonepeak (US) | EnerdataMay 13, 2022

Summarized from public sources; check the original articles before acting on it.