EGCO Group acquires 49% stake in RISEC natural gas power plant in USA

EGCO Group, through its subsidiary EGCO RISEC II, LLC, signed an agreement to acquire a 49% interest in the 609 MW RISEC natural gas-fired combined-cycle power plant in Johnston, Rhode Island, USA. The transaction is expected to close in Q1 2023.

“EGCO Group has further expanded its power business in the USA through the acquisition of a 49% interest in Rhode Island State Energy Center, LP, a 609MW natural gas fired combined-cycle power plant.”egco.com

• 1 source
• egco.comEGCO Group Acquires 49% Interest in “RISEC” 609 MW Natural Gas Power Facility in the USA | Electricity GeneratingNov 14, 2022

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