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Talen Energy Acquires Three Combined-Cycle Plants

LCG, July 23, 2015-Talen Energy Corporation announced Monday an agreement to acquire MACH Gen, LLC, for $1.175 billion inclusive of any assumed debt, subject to customary purchase price adjustments. The transaction is expected to be completed by year-end, following regulatory review and approval.

Bechtel Holds Groundbreaking Ceremony Held for Combined-Cycle Energy Project in Ohio

LCG, July 22, 2015-Bechtel announced yesterday the groundbreaking of a new natural gas-fired combined-cycle power plant in Carroll County, Ohio. Bechtel is responsible for the engineering, procurement, construction (EPC) and start-up of the project. EthosEnergy will operate the facility, and Advanced Power will remain as the construction and asset manager. The project is scheduled to be completed and commence commercial operations in 2017.

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