Hull Street Energy has entered into a definitive agreement to acquire a 100 percent interest in Sunrise Power Holdings from an affiliate of ArcLight Capital Partners, Generation Bridge Acquisition.
Located in Fellows, Calif., the facility provides 586 megawatts of critical generation and reliability services to California's Central Valley.
The Sunrise plant and its experienced employees will be a high-quality addition to Hull Street Energy’s critical power infrastructure business unit, Milepost Power, which owns and manages flexible, dependable and clean natural gas and dual-fuel electric generating plants in North America, providing electricity and critical reliability service to the grid. With this acquisition, the firm will continue to support grid reliability, allowing for the integration of new variable renewable-energy resources as California works to achieve its climate goals.
Upon closing this transaction, Hull Street Energy affiliates will own approxi