Strategic Value Partners Acquires Majority Stake in New Frontera Holdings
Strategic Value Partners (SVP) has acquired a majority stake in New Frontera Holdings, a 530-megawatt natural gas-fired power plant in Texas. The investment is part of SVP's partnership with EverGen Power to expand power generation assets in North America. The transaction builds on SVP's prior investment in Frontera and its strategic focus on the energy sector.
Topics: Energy Investment M&A Power Generation