Partners Group to acquire Middle River Power and 1.9 GW gas plant portfolio for $2.2B

Partners Group agreed to acquire a 1.9 GW portfolio of 11 natural gas power plants in California and Middle River Power from Avenue Golden Continuation Fund for an enterprise value of $2.2 billion. The portfolio includes nine simple-cycle peaking facilities and two combined-cycle gas turbine plants.

“The portfolio benefits from thematic tailwinds, including demand growth and the increasing penetration of intermittent renewables.”placera.se

• 1 source
• placera.sePartners Group to acquire Middle River Power and a 1.9 GW portfolio of natural gas power plants in the US - Placera.seEQS NewswireMar 18, 2025

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