PowerTransitions, a Texas-based independent power producer has bought the 1,242 megawatt Roseton Generating Facility in Newburgh, New York from a subsidiary of Castleton Commodities International, it said on Tuesday.
The dual-fuel natural gas fired power plant has provided electricity into the NYISO Zone G since 1974, the company said in a statement.
PowerTransitions will now have a total of 1.8 gigawatts of total power generation assets under operation spanning 8 power stations in the PJM, NYISO and ISO-NE service areas, the statement said.
The company redevelops legacy power and industrial facilities and buys operating thermal power assets to turn them into energy campuses, the statement said.