Hull Street builds up gas-fired capacity with Engie deal

Maryland-based Hull Street Energy said April 1 that it has now more than 1,000 MW of generating capacity after taking ownership of a gas-fired plant in Connecticut from the North American division of France's Engie.

For an undisclosed sum, the company said it sealed a deal to acquire 100% ownership of the 96 MW gas-fired Waterbury station in the New England state.

“Upon closing this transaction, Hull Street Energy affiliates will own 53 power generation stations providing over 1,000 MW of renewable, gas-fired, and dual-fuelled generation capacity to support grid operations throughout the US,” the company said.

Hull Street has been busy building up its clean-energy generating capacity, taking a 100% stake in an 80-MW hydroelectric facility in West Virginia last year from a division of General Electric and the North American subsidiary of Enel, which has headquarters in Italy.