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DB Energy Assets buys natural gas-fired cogeneration facility
Transactions - JUNE 1, 2020

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DB Energy Assets buys natural gas-fired cogeneration facility

by Kali Persall

DB Energy Assets, a partnership of DCO Energy and Basalt II, has acquired the 111-megawatt Energy Center Dover in Delaware from Clearway Energy Group.

Energy Center Dover is a natural gas–fired cogeneration facility that delivers electricity to the Delmarva Power & Light Zone within PJM Interconnection.

The facility produces thermal energy that is used by Kraft Heinz’s Dover’s food products plant and Proctor & Gamble’s Dover wipes manufacturing facility.

“As a long-time South Jersey-based organization, Delaware is literally in our backyard,” said Gary Fromer, CEO of DCO Energy. “Along with our Wilmington, DE city district energy facility, we are thrilled to expand our role as part of the Delaware business community and to continue to deliver efficient, reliable power and thermal energy to our customers in Delaware.”

DB Energy Partners has an operating portfolio of long-term contracted district energy systems, as well as a portfolio

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