On April 1, Dynegy Inc. through its wholly owned subsidiary, finalized its acquisition of EquiPower Resources Corp. and Brayton Point Holdings, LLC from Energy Capital Partners. The transactions include 10 generating stations, capable of generating 6.3 gigawatts of electricity into the New England and PJM power markets. The Company now owns nearly 20,000 MW operating in eight states.
“With the EquiPower and Brayton Point acquisitions, Dynegy has considerable scale in the PJM and New England markets and diversity of fuel and revenue streams across the portfolio,” said Dynegy President and Chief Executive Officer Robert C. Flexon. “New England and PJM are both attractive, well-functioning markets and we will benefit from having a more robust presence there.”
See complete article in the Illinois Energy Forum -April 2015