PowerTransitions Buys 6th Gas-Fired Power Plant in Anti-Gas NY

In April, MDN reported that PowerTransitions, an independent power producer specializing in redeveloping legacy power facilities, had agreed to acquire five New York gas-fired power plants — Batavia, Hillburn, Massena, Shoemaker, and Sterling — totaling 323 megawatts (MW) from Alliance Energy Group affiliates (see PowerTransitions Buying 5 Gas-Fired Power Plants in Anti-Gas NY). PowerTransitions announced a new deal yesterday to buy a sixth NY gas-fired power plant whose output dwarfs the other five combined. PowerTransitions has entered into an agreement to acquire the 1,242 MW Roseton Generating Facility in Newburgh, New York, from a subsidiary of Castleton Commodities International LLC. As with the first deal (for five plants), the terms were not disclosed.

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