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)