Hull Street Energy Acquires 100% Waterbury Generation Facility from Engie North America
Hull Street Energy has acquired 100% of the ownership interests in the Waterbury Generation facility from a subsidiary of Engie North America.
June 11, 2021. By News Bureau
Hull Street Energy has acquired 100% of the ownership interests in the Waterbury Generation facility from a subsidiary of Engie North America. The facility is in Waterbury, Connecticut and provides 96 megawatts of flexible, fast start natural gas power generation capacity to the New England region.
The Waterbury facility and employees will be high-quality additions to Hull Street Energy's portfolio of transition-critical power infrastructure. Through this acquisition, the firm will be able to help support state, local community and other stakeholders integrate new variable renewable energy resources and meet regional reliability standards, as New England states work to achieve their climate and renewable energy goals.
Hull Street Energy affiliates now own 53 power generation stations providing over 1,000 MW of renewable, gas-fired, and dual-fueled generation capacity to support grid operations throughout the United States.
Meanwhile, Troutman Pepper LLP acted as legal counsel to Hull Street Energy.
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