# J-Power USA to sell 49% stake in Jackson Generation plant to Gulf Energy Development

J-Power USA agreed to sell its 49% stake in the 1200 MW Jackson Generation combined cycle plant in Elwood, Illinois, to Gulf Energy Development Public Co. The transaction is expected to close in December 2022.

- Type: Acquisition
- Announced: 2022-09-12
- Where: Elwood, Illinois, United States
- Status: announced
- Capacity: 1200 MW
- Products: natural gas-fired combined cycle power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [J-POWER USA](https://endata.com/companies/40332.md)
- [Gulf Energy Development Public Company](https://endata.com/companies/30002.md) (acquirer)

## Sources

- [power-eng.com](https://www.power-eng.com/gas/combined-cycle/j-power-usa-to-sell-stake-in-1200-mw-illinois-combined-cycle-plant/), 2022-09-12: "J-POWER USA agreed to sell its 49% stake in one of its combined cycle plants that began operations earlier in 2022."

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