November 2, 2024

Blackstone Group

Enviros, Generators Oppose Canadian Hydro Line to NYC
Blackstone Group’s Champlain Hudson Power Express transmission project has made allies of power producers and environmentalists.
Blackstone, ArcLight to Purchase AEP Merchant Plants for $2.2B
AEP (NYSE:AEP) has reached a deal to sell more than 5,000 MW of Ohio and Indiana merchant generation to The Blackstone Group (NYSE:BX) and ArcLight Capital Partners for about $2.2 billion.
Cayuga Coal Plant in Jeopardy
The future of the Cayuga coal-fired generator is in jeopardy following the state’s Public Service Commission’s rejection of a natural gas repowering plan.
FERC Approves Sale of Doomed New York Coal Plants
FERC on approved the sale the same day Gov. Andrew Cuomo vowed the generators would “transition” away from coal.
Vermont OKs Canadian Hydro Line
The Vermont Public Service Board approved the 1,000-MW New England Clean Power Link, scheduled to be in service in 2019.

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