From the Toronto Star, October 2:
CPP Investments invests US$1 billion in U.S. power producer AlphaGen
The Canada Pension Plan Investment Board has signed a deal to invest US$1 billion for a minority position in AlphaGen, which owns power plants in the U.S.
The Canada Pension Plan Investment Board has signed a deal to invest US$1 billion for a minority position in AlphaGen, which owns power plants in the U.S.
Bill Rogers, head of sustainable energies at CPP Investments, says AlphaGen provides efficient, reliable power in some of the most high-demand U.S. markets.
AlphaGen owns and or operates 23 generation facilities across the U.S.
It is a partnership formed and owned by an affiliate of ArcLight Capital Partners....
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Here's AlphaGen's homepage.
In the run-up to the Great Financial Crisis there was quite a bit of hubbub surrounding Calpine, then the largest IPP, most recently sold to Constellation Energy earlier this year by their private equity owner, Energy Capital Partners.
