PowerTransitions Acquires 1.24GW Roseton Generating Facility in New York
US-based independent power producer PowerTransitions has acquired the 1.24GW Roseton Generating Facility, a dual-fuel natural gas plant located in Newburgh, New York. The facility was purchased from Castleton Commodities International and adds to PowerTransitions' portfolio of thermal generation assets. With this acquisition, PowerTransitions now operates approximately 1.8GW across eight sites spanning the PJM, NYISO, and ISO-NE markets. The Roseton plant has supplied electricity to NYISO Zone G since 1974 and is positioned for redevelopment into a multi-use energy campus with potential additions like storage solutions or new capacity. The company aims to leverage existing grid connections at the site to support regional reliability as demand grows in New York's Hudson Valley. This acquisition follows PowerTransitions' recent purchase of five smaller natural gas-fired plants totaling 323MW, also located across New York and serving NYISO for decades.
Topics: Acquisition Energy Infrastructure