Lincoln Power’s Acquisition of 1,000 MW of peaking generation units in the PJM Interconnection


Bracewell LLP has advised Rockland Power Partners II, LP in the sale of a portfolio of more than 1,000 MW of peaking generation units in the PJM Interconnection to Lincoln Power, L.L.C., a subsidiary of Carlyle Power Partners II, L.P.

The transaction involves three combustion turbine plants in Illinois: Elgin Energy Center, a 476 MW simple cycle, natural gas-fired power generation facility located in Elgin; Rocky Road Energy Center, a 375 MW simple cycle, natural gas-fired power generation facility located in East Dundee; and Tilton Energy Center, a 188 MW simple cycle, natural gas-fired power generation facility located in Tilton.

The transaction is expected to close the end of June 2017. The purchase price is confidential.

Bracewell lawyers involved in the transaction include Ryan S. Holcomb (Picture), Elena V. Rubinov, Elizabeth L. McGinley, Heather M. Palmer, Thomas M. Tomlinson, Daniel E. Hemli, Bruce R. Jocz, Catherine P. McCarthy and Erin S. Hennessy, R. Joe Hull and Vivian Y. Ouyang

Involved fees earner: Ryan Holcomb – Bracewell & Giuliani; Elena Rubinov – Bracewell & Giuliani; Elizabeth McGinley – Bracewell & Giuliani; Thomas Tomlinson – Bracewell & Giuliani; Catherine McCarthy – Bracewell & Giuliani; Serena Rwejuna – Bracewell & Giuliani; Heather Palmer – Bracewell & Giuliani; Vivian Ouyang – Bracewell & Giuliani; Daniel Hemli – Bracewell & Giuliani; Jacqueline Java – Bracewell & Giuliani; Bruce Jocz – Bracewell & Giuliani; Erin Hennessy – Bracewell & Giuliani; Jared Schuettenhelm – Bracewell & Giuliani; Joe Hull – Bracewell & Giuliani; Anne Holth – Bracewell & Giuliani; Kenni Callahan – Bracewell & Giuliani; Kristen Wong – Bracewell & Giuliani;

Law Firms: Bracewell & Giuliani;

Clients: Rockland Power Partners, L.P.;

Avatar

Author: Ambrogio Visconti