trending Market Intelligence /marketintelligence/en/news-insights/trending/8L_JlOrhuqAx3_vg0ngO9A2 content esgSubNav
In This List

Harbert Power closes deal for 752-MW Ala. gas plant

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Harbert Power closes deal for 752-MW Ala. gas plant

A subsidiaryof Harbert Power Fund V LLCon May 10 acquiredthe 752-MW, gas-fired Calhoun EnergyCenter from LS Power EquityAdvisors LLC.

The facilityin Calhoun County, Ala., supplies 630 MW to SouthernCo. subsidiary AlabamaPower Co. under a power purchase agreement expiring in 2022, accordingto SNL Energy data.

FERC approvedthe transaction on May6.

Harbert PowerFund V is a Harbert Management Corp.subsidiary and LS Power Equity Advisors is an affiliate of LS Power Group. (EC16-95)

SNL Energy is an offering of S&PGlobal Market Intelligence, which is owned by S&P Global Inc.