A consortium of equity investors including APG, MEAG, and Clal Insurance Company acquired 100% of Astoria Project Partners LLC and approximately 55% of Astoria Project Partners II LLC, which own two 615 MW combined cycle generating facilities in Astoria, Queens, New York. The selling owners included ENGIE, Mitsui & Co, and others.
Mitsubishi & Co. has agreed to sell its entire 36.5% economic interest in the Astoria I gas-fired power generation project in New York City to a consortium including APG, MEAG, Clal Insurance and other US institutional investors.
Elecnor and APG closed a strategic alliance where APG acquired a 49% stake in Celeo Concesiones e Inversiones, a company wholly owned by Elecnor, through a contribution of shares and a €43 million payment, with joint capital investments of €400 million planned over five years.