trending Market Intelligence /marketintelligence/en/news-insights/trending/iovizyj7nwba8nvgfvaspa2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Invenergy, First Reserve secure $1B in debt financing for Pennsylvania plant

Power Forecast Briefing: Tight Reserves to Benefit Conventional Gas Generation versus Renewable Energy

Mining Exploration Insights

State of the Market: Mining Q2-2019

Shareholder Advocates Say New SEC Policy To Prompt Litigation, Less Transparency


Invenergy, First Reserve secure $1B in debt financing for Pennsylvania plant

Invenergy LLC and First Reserve Management LP on Dec. 29 announced the completion of about $1 billion in senior debt financing for the planned 1,485-MW Lackawanna Energy Center in Pennsylvania.

BNP Paribas, GE Energy Financial Services and MUFG acted as initial coordinating lead arrangers, while Prudential Investment Management Services LLC served as institutional placement advisor for the senior secured credit and note facilities.

The proposed combined-cycle natural gas-fired power plant, under construction in Jessup, Pa., is slated to reach commercial operation in mid-2018. Cabot Oil & Gas Corp. will exclusively supply natural gas to the project under a 10-year sales agreement.