December 10, 2024

Billionaire investors approved to acquire peaker gas plant in Massachusetts

The acquisition expands investors’ generation portfolio spanning Massachusetts and New York.

Acquisition Authorization: Billionaires James Haslam III, owner of the Cleveland Browns professional football team, and Paul Tudor Jones II, a prominent hedge fund manager, received FERC approval on Sept. 13 to acquire the 229-MW Berkshire combined cycle power plant in Massachusetts through their company Gate City Power Gate City Power – NE Generation (Gate City). The plant is being purchased ...

Details:

Filing Date: September 13, 2024

Docket Numbers:

EC24-104

Short Summary:

Billionaires James Haslam III, owner of the Cleveland Browns professional football team, and Paul Tudor Jones II, a prominent hedge fund manager, received FERC approval on Sept. 13 to acquire the 229-MW Berkshire combined cycle power plant in Massachusetts.

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Categories:

Uncategorized

Tags: Acquisitions & Dispositions

Entities:

Markets: California ISO (CAISO), Electric Reliability Council of Texas (ERCOT), ISO New England (ISO-NE), Midcontinent Independent System Operator (MISO)

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Application