# 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.

- Type: Acquisition
- Announced: 2022-09-23
- Where: Midland, Michigan, United States
- Value: $894.0M
- Status: completed
- Capacity: 1,633 MW
- Products: natural gas combined-cycle cogeneration
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Capital Power Corporation](https://endata.com/companies/22368.md) (acquirer)
- [Manulife Investment Management](https://endata.com/companies/64083.md) (acquirer)
- [OMERS Infrastructure Management Inc.](https://endata.com/companies/64084.md) (target)

## Sources

- [capitalpower.com](https://www.capitalpower.com/media/media_releases/capital-power-and-manulife-investment-management-complete-acquisition-of-midland-cogeneration-facility/), 2022-09-23: "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."

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