Capital Power and Manulife complete acquisition of Midland Cogeneration facility

Capital Power and Manulife Investment Management completed the acquisition of a 100% interest in MCV Holding Company, which owns the 1,633-MW Midland Cogeneration Venture in Michigan, for US$894 million, including assumption of US$521 million in debt. The joint venture partners each contributed approximately US$186 million.

“Capital Power and Manulife Investment Management, on behalf of the Manulife Infrastructure Fund II and its affiliates, announced today that they have successfully completed the acquisition of a 100% interest in MCV Holding Company, which owns Midland Cogeneration Venture.”capitalpower.com

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• capitalpower.comCapital Power and Manulife Investment Management complete acquisition of Midland Cogeneration facility - Capital PowerSep 23, 2022

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