Hull Street Energy, a private equity firm that focuses on the power sector as it decarbonizes, has acquired EF Oxnard LLC from an affiliate of Atlantic Power & Utilities.
Located in Oxnard, Calif., EF Oxnard is a nominal 48 MW simple cycle, gas-fired facility. The EF Oxnard plant and its employees will join Hull Street Energy’s transition-focused power infrastructure business unit, Milepost Power. At close, Hull Street Energy affiliates will own approximately 2,350 MW of critical gas-fired and dual-fueled generation capacity to support grid operations throughout the United States.
Troutman Pepper acted as legal counsel to Hull Street Energy. Sidley Austin LLP acted as legal counsel to Atlantic Power & Utilities.