Igneo Infrastructure Partners announced it has completed its acquisition of Indigo Generation, which owns a 136-megawatt gas-fired, simple-cycle electric peaking generation station located in North Palm Springs, Calif.
Igneo and its operating partner Meridian Clean Energy, an energy-services company specializing in the development and management of utility-scale, electricity-generation assets, now plan to advance further investment in the project.
Igneo first announced its plans to acquire Indigo Generation from Diamond Generating in November 2025 but did not disclose financial details. Indigo represents Igneo’s inaugural investment in thermal electricity generation infrastructure in the United States.
“The closing of this transaction represents an important step for Igneo as we continue to leverage our energy infrastructure investment expertise in North America,”
