Financial Post
Summary
Fengate Asset Management (Fengate) is pleased to announce its acquisition of Morris Cogeneration, LLC, a 177-megawatt combined heat and power facility in Morris, Illinois, from Atlantic Power and Utilities.
The firm acquired ownership of the facility under its strategic operating partnership with energy generation investor and asset manager, Ironclad Energy (Ironclad). The partnership was established in 2022 to acquire and operate cogeneration, district energy and other industrial generation projects across the United States and Canada.
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