Fengate Watt US I, LLC

Freeport Energy Centre - Project acquisition

Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Freeport Energy Centre is a 260 MW combined heat and power natural gas-fired power generating facility in Freeport, Texas. The sponsor Fengate Capital Management closed a US$269.2mm non-recourse debt financing for the acquisition of the project in October 2020. Transaction Highlights:Extremely...

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Deal Volume
$271.25m
Financial Close
16/10/2020
Dealmakers
Daniela Urias

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Giovanni Strazzullo

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Michael Boarts

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Zi Tynn Cheng

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Sources
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Project Deals

Freeport Energy Centre
$321.46m
Greenfield
Gas-fired combined cycle
North America
North America
United States