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On May 2, 2025, LSP-Cottage Grove, L.P., successfully closed a $165.9 million refinancing for the Cottage Grove Cogeneration facility, a 265 MW combined-cycle gas turbine (CCGT) plant located in MISO Zone 1. The recapitalization was executed via an issuance of $125.9 million in senior secured notes and a $40 million letter of credit facility
Read MoreFresh off adopting the agenda Dec. 4, the Cottage Grove City Council saw a presentation from the Public Safety Board. A non-profit citizens board that works with the city’s public safety department through the police liaison officer and fire chief, the Public Safety Commission works to help promote the partnership between the department and citizens to ensure a safe community.
Read MoreALISO VIEJO, Calif. & SUNNYSIDE, Utah–(BUSINESS WIRE)–IHI Power Services Corp. (IPSC), a leading owner and operator of power plants across the U.S., today announced it has teamed up with Sunnyside Cogeneration Associates (SCA) to provide operations and maintenance (O&M) and asset management services for Sunnyside Power Plant, a waste coal-fired power generation facility in Carbon County, Utah. This prominent addition to IPSC’s burgeoning portfolio emphasizes the company’s commitment to shaping the landscape of sustainable energy solutions.
Read MoreHoulihan Lokey is pleased to announce the sale of 100% interest in Mesquite Generation Holdings LLC (Mesquite), a 1.1 GW portfolio of thermal power assets in Texas, from Atlas Holdings LLC (Atlas) to Hull Street Energy LLC (Hull Street) and Panamint Capital LLC (Panamint).
Read MoreALISO VIEJO, Calif.–(BUSINESS WIRE)–IHI Power Services Corp. (IPSC), a leading owner and operator of power plants across the U.S., today announced it has entered into a third-party operations and management (O&M) service agreement with San Francisco-based investment management firm, Panamint Capital.
Read MoreIt’s been a roller coaster year for project financiers and developers of thermal power plants, who have had to contend with not just a global viral outbreak, but also an unprecedented winter storm and power crisis in Texas, and the fallout of the unexpected PJM Interconnection capacity auction results for delivery year 2022/2023.
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