PE-Backed Quantum Buys Florida Assets of Atlantic Power
Quantum Utility Generation LLC, a Houston, Texas-based power generation company backed by the U.S. private equity firm Quantum Energy Partners and Canada Pension Plan Investment Board,recently entered into an agreement to acquire equity interests in three cycle natural gas fired generation and co-generation projects located in Florida. The interests in these facilities are being sold by Atlantic Power Corp., a power generation and infrastructure company with offices in the United States and Canada. The transaction, valued at approximately US$136 million, is expected to close in the first quarter of 2013.
4 February 2013•3 mins read
