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Retail Supplier Parent Selling New York Power Plants

February 07,2019

Hull Street Energy, LLC ("Hull Street Energy") has entered into a definitive agreement to acquire 100% of the ownership interests in the Bayswater and Jamaica Bay natural gas-fired electric generating stations from a subsidiary of NextEra Energy Resources, LLC.

The two facilities are in Far Rockaway, New York providing approximately 110 megawatts of flexible, fast start power generation capacity to the region.

Upon the closing of this transaction, which is subject to customary regulatory approvals, Hull Street Energy affiliates will own 21 power generation stations providing over 640 MW of renewable, gas-fired, and dual-fueled generation capacity to the Northeast, Mid-Atlantic and Western United States markets.

NextEra Energy Resources   M&A   New York   Hull Street Energy  

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