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DCO Energy, Basalt Infrastructure acquire Dover cogeneration plant

Source: 
NJBIZ

DB Energy Assets LLC, a partnership of Mays Landing-based DCO Energy LLC and Basalt Infrastructure Partners of Dover, Del., said May 29 it acquired the natural gas-fired 111 MW Energy Center Dover LLC from Clearway Energy Group LLC.

Energy Center Dover LLC in Delaware is a cogeneration facility that delivers electricity to the Delmarva Power & Light Zone within PJM Interconnection and produces thermal energy utilized by Kraft Heinz’s Dover food products plant and Proctor & Gamble’s Dover wipes manufacturing facility.

“We are very excited to operate this important cogeneration and power facility in Dover,” said DCO Energy Chief Executive Officer Gary Fromer. “As a long-time South Jersey-based organization, Delaware is literally in our backyard. Along with our Wilmington 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.”

CREDIT: Linda Lindner

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