One of Starwood Energy Group Global's (Starwood Energy) affiliates completed the purchase of the Quail Run Energy Center natural gas-fired combined cycle electric power generating facility in Odessa, Texas. Starwood Energy assumed ownership and began operating the power plant in January. The electric power generating facility began commercial operations in 2007 and has a nominal capacity of 550 MW. The facility provides electric power to the Electric Reliability Council of Texas (ERCOT).
Starwood Energy Group Global
Starwood Energy Group Global, a private investment firm focused on energy infrastructure, announced that an affiliate has entered into an agreement with Lakeside Energy to acquire Lakeside Generation, a 369-MW portfolio of three natural gas facilities, one located in Pennsylvania and two in New York. The portfolio consists of Hazleton, a 158-MW peaking facility in Pennsylvania; Syracuse, a 103-MW combined cycle facility in New York; and Beaver Falls, a 108-MW cogeneration combined cycle facility in New York.