Fundz

Tenaska Acquires Natural Gas Generation Facilities

PRIVATEFeb 08, 2024

Acquiring Company

Lindsay Hill plant

Acquired Company

IMG Energy Solutions

Pennsylvania Turnpike Northeast ExtensionEnergySolar

Description

An affiliate of Tenaska has acquired six 21-megawatt natural gas generation facilities in Northeast Pennsylvania from IMG Energy Solutions. This acquisition strengthens Tenaska's portfolio of generating assets and is a good fit as part of Tenaska's strategy to deploy capital through investments in quality generating assets.

Quick answer

Lindsay Hill plant is acquiring IMG Energy Solutions, announced February 8, 2024.

How much did Lindsay Hill plant pay for IMG Energy Solutions?
The deal value was not disclosed.
What does Lindsay Hill plant do?
The Lindsay Hill plant is a proposed natural gas facility intended to generate 900 megawatts of electricity.
Where are Lindsay Hill plant and IMG Energy Solutions based?
IMG Energy Solutions is based in Pennsylvania Turnpike Northeast Extension, Pennsylvania, United States.

Source: Fundz verified event record.

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Company Information

Company

Lindsay Hill plant

About

The Lindsay Hill plant is a proposed natural gas facility intended to generate 900 megawatts of electricity. It aims to address energy shortfalls and increase the reliability of the power supply in Alabama. The facility is currently under acquisition consideration by Alabama Power.

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Frequently asked

Who acquired IMG Energy Solutions?

IMG Energy Solutions was acquired by Lindsay Hill plant. The deal was reported on February 8, 2024. The Lindsay Hill plant is a proposed natural gas facility intended to generate 900 megawatts of electricity. It aims to address energy shortfalls and increase the reliability of the power supply in Alabama. Lindsay Hill plant is privately held.

When did Lindsay Hill plant acquire IMG Energy Solutions?

Lindsay Hill plant's acquisition of IMG Energy Solutions was reported on February 8, 2024. An affiliate of Tenaska has acquired six 21-megawatt natural gas generation facilities in Northeast Pennsylvania from IMG Energy Solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IMG Energy Solutions do?

IMG Energy Solutions builds, owns, operates, and services on-site power generation plants. It is privately held, operating in Energy, and is based in Pennsylvania Turnpike Northeast Extension.

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