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News  ›  GlobeNewswire Inc.

Fengate acquires remaining stake in 440-megawatt Texas cogeneration asset

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Greg Calhoun And Christopher Fanella
Fengate acquires remaining stake in 440-megawatt Texas cogeneration asset

Fengate Asset Management has completed its acquisition of the remaining 50% equity interest in Freeport Power Limited, a 440-megawatt cogeneration facility in Texas, increasing its total ownership to 100%.

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DOW   neutral

Continues to receive reliable power and steam from the facility without direct changes to their operations