Hull Street snaps up Connecticut gas plant
US private equity firm Hull Street Energy announced on January 3 that it had acquired the AL Pierce gas-fired power plant in Walllingford, Connecticut, from the Connecticut Municipal Electric Energy Cooperative.
The 84-MW, dual-fuelled plant will be "a high-quality addition to Hull Street Energy's portfolio of critical power infrastructure," the buyer said.
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"With this acquisition, the firm continues to support regional electric reliability and integration of new variable renewable energy resources as New England states work to achieve climate goals," Hull Street said.
Hull Street commands a fleet of 53 power plants with a combined capacity of more than 1,200 MW of gas-fired, dual-fuelled and renewable generation in the US. Back in April it acquired another 96-MW gas-fuelled station in Connecticut from the North American division of France's Engie.