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Monarch acquires additional stake in Mo. gas-fired facility

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Monarch acquires additional stake in Mo. gas-fired facility

Asset manager Monarch Alternative Capital LP closed its acquisition of an additional ownership stake in the 620-MW Dogwood combined-cycle plant in Cass County, Mo.

Under the transaction, Monarch acquired a 28.1% interest in the facility from funds managed by EIG Global Energy Partners LLC and another 0.02% stake from Credit-Suisse Loan Funding LLC. Monarch completed the acquisition on Sept. 4, according to a Sept. 6 filing with the Federal Energy Regulatory Commission.

Monarch Alternative Capital is the investment manager of Monarch MO Power Holdings, which is owned by several Monarch funds. (FERC docket EC18-112)