June 5, 2025

Swiss-based Partners Group to acquire Talen Energy’s PJM, ISO New England gas plants

The deal would mark Partners Group’s entry into the ISO New England wholesale power market.

Plant Sale: PowerTransitions Buyer LLC, a unit of Swiss-based Partners Group Holding AG, is requesting FERC approval to purchase the 145-MW gas-fired Camden plant in New Jersey and the 82-MW gas fired Dartmouth Station in Massachusetts from Talen Energy Corp., according to a June 4 filing. The deal, if approved, would extend an asset buying spree by Partners Group Holding ...

Details:

Filing Date: June 4, 2025

Docket Numbers:

EC25-96

Short Summary:

PowerTransitions Buyer LLC, a unit of Swiss-based Partners Group Holding AG, is requesting FERC approval to purchase the 145-MW gas-fired Camden plant in New Jersey and the 82-MW gas fired Dartmouth Station in Massachusetts from Talen Energy Corp., according to a June 4 filing. The deal, if approved, would extend an asset buying spree by Partners Group Holding that has spanned across the country.

Impact Level:

Categories:

Dealmaking & Transactions

Tags: Mergers & Acquisitions, Natural Gas, Natural Gas-Fired Generators

Entities: Partners Group Holding AG, Talen Energy Corp.

Markets: ISO New England (ISO-NE), PJM Interconnection (PJM)

Regions: Mid-Atlantic & Midwest, Northeast

States: Massachusetts, Pennsylvania

Regulators: FERC

Courts:

Documents:

Acquisitions & Dispositions – Application