trending Market Intelligence /marketintelligence/en/news-insights/trending/yFAOaWhEKXNTsTXRLMQX5A2 content esgSubNav
In This List

Emera seeks FERC approval to sell 3 New England gas-fired plants to Carlyle

Blog

Infographic: U.S. Solar Power by the Numbers Q2 2023

Blog

Infographic: U.S. Energy Storage by the Numbers Q2 2023

Blog

Insight Weekly: Bank mergers of equals return; energy tops S&P 500; green bond sales to rise

Blog

Insight Weekly: US companies boost liquidity; auto insurers hike rates; office sector risk rises


Emera seeks FERC approval to sell 3 New England gas-fired plants to Carlyle

Emera Inc. subsidiary Emera US Holdings Inc. filed an application with the Federal Energy Regulatory Commission, seeking approval to sell three natural gas-fired facilities in New England to affiliates of Carlyle Group LP.

The deal, first announced on Nov. 26, is valued at $590 million. It involves the sale of the Bridgeport Energy plant in Fairfield County, Conn., the Rumford plant in Oxford County, Maine, and the Tiverton plant in Newport County, R.I., all in the ISO New England market.

According to the FERC application, the Bridgeport facility has a summer rating of 492 MW, the Rumford plant has a summer rating of 254 MW, and the Tiverton project has a summer rating of 268 MW.

The commission has been requested to approve the deal by March 14, 2019. (FERC docket EC19-35)