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New York's Energy Storage Goal to Pave Way for Thousands of Jobs, Drive Emissions Cuts: Report

The Federal Energy Regulatory Commission on Sept. 19 authorized NHIP II Bayonne Holdings LLC to indirectly acquire the outstanding equity interests in Thermal Bayonne Holdings LLC from MIC Thermal Power Holdings LLC. Thermal Bayonne is an indirect parent of Bayonne Energy Center LLC, which operates a 610-megawatt gas power plant in New Jersey, and Zone J Tolling Co. LLC, which operates as a power marketer. The New Jersey facility is connected to Consolidated Edison Company of New York and supplies the New York wholesale power market. MIC Thermal is a subsidiary of Macquarie Infrastructure Corporation. NHIP II Bayonne Holdings is a subsidiary of North Haven Infrastructure Partners II US Investments L.P. and co-investment entities. North Haven’ general partner is Morgan Stanley Infrastructure II Inc. a subsidiary of Morgan Stanley.

September 19, 2018
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