Borealis-Backed MCV Names New President-CEO
Midland Cogeneration Venture, a portfolio company of Borealis Infrastructure, has named Pete Milojevic as its new president and CEO. He will be replacing Roger Kelley. Prior to joining MCV, Milojevic served as senior vice president at Canada-based Bruce Power LP. Based in Midland, Michigan, MCV is a natural gas-fired cogeneration plant. Borealis is a Toronto-based investment firm affiliated with the Ontario Municipal Employees Retirement System. Update: Last month, the Global Strategic Investment Alliance acquired a one-third stake in MCV for over US$2 billion.



