PowerTransitions Closes on Deal for 5 Gas-Fired Power Plants in 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). The company announced yesterday that it has closed on its purchase.

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