trending Market Intelligence /marketintelligence/en/news-insights/trending/q4iis-fephf7cnjydvv44a2 content esgSubNav
In This List

Tenaska closes purchase of 289-MW gas plant in Massachusetts

Blog

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

Blog

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

Blog

Perspectives from China: Chinese M&A in 2022

Blog

Insight Weekly: CEO pay jumps; yield curve inversion deepens; wind giants lift turbine prices


Tenaska closes purchase of 289-MW gas plant in Massachusetts

Tenaska Energy Inc. closed its acquisition of the 289-MW Berkshire Power natural gas-fired plant in Hampden County, Mass., from EIF Berkshire Holdings LLC.

Under the transaction, Tenaska Hampden Partners LLC acquired the controlling stake in the power plant. Tenaska Hampden is 51% owned by Tenaska Energy and 49% owned by Tenaska Energy Holdings LLC. Terms of the deal were not disclosed in the filings.

EIF Berkshire Holdings is 67% owned by Ares EIF Management LLC and 33% owned by John Hancock Life Insurance Co.

The Federal Energy Regulatory Commission cleared the transaction May 2. (FERC docket EC18-74)