Creditor looks to offload US power portfolio

22 April 2020 - 12:00 am UTC

An affiliate of Beal Financial Corp. recently launched a process to offload a more than 3 GW portfolio of combined-cycle gas turbine power generation facilities located in the Northeast, California and the Southwest.

The affiliate, CSG Investments, Inc., is seeking bids for four power plants: Harquahala, a 1,092 MW facility in Arizona; La Paloma, a 1,022 MW plant in California; Athens, a 1,080 MW facility in New York; and Millennium, a 360 MW plant in Massachusetts.

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