# 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.

- Type: Acquisition
- Announced: 2022-05-13
- Where: Sandwich, Massachusetts and Bucksport, Maine, United States
- Status: announced
- Capacity: 1.63 GW
- Products: electricity from thermal power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [JERA](https://endata.com/companies/5225.md) (acquirer)
- [Stonepeak](https://endata.com/companies/13278.md) (target)

## Sources

- [jera.co.jp](https://www.jera.co.jp/en/news/information/20220513_907), 2022-05-13: "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."
- [enerdata.net](https://www.enerdata.net/publications/daily-energy-news/japans-jera-agrees-buy-16-gw-thermal-plants-stonepeak-us.html), 2022-05-13: "JERA has entered into an agreement to acquire a 1,633 MW thermal power portfolio in New England (United States) from Stonepeak."

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