Osaka Gas USA acquires natural gas-fired power plant in Connecticut, US
May 15. 2018
Osaka Gas USA, a 100% subsidiary of Osaka Gas Co. Ltd., has agreed to acquire 24.3% ownership of Kleen Energy, a natural gas-fired power plant in Middletown, Connecticut from funds managed by Ares EIF Management, LLC.
Kleen Energy is an approximately 620MW gas-fired facility that has been in operation since July 2011. The facility has a long-term capacity agreement with a local utility.
As laid out in its long-term management vision “Going Forward, Beyond Borders 2030,” Daigas Group* focuses on the US energy market as one of its strategic areas for further growth in its international business segment.
* Osaka Gas Group is now Daigas Group
Project overview
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Project Name |
Kleen Energy |
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Location |
Connecticut, US |
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Capacity |
620MW |
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COD |
July, 2011 |
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Equity Owners |
Osaka Gas Co., Ltd. (24.3%) |
Project location map and image
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