Tenaska Power Fund, L.P. has completed the $1.64 billion acquisition of six power plants from Constellation Energy (NYSE: CEG). The six plants, now collectively known as TPF Genco, are: High Desert in Victorville, Ca., Rio Nogales in Seguin, Tex., Holland in Shelby County, Ill., Big Sandy in Kenova, W.V., University Park in Chicago and Wolf Hills in Bristol, Va. Credit Suisse and Goldman Sachs served as joint lead arrangers for the $1.645 billion financing supporting the purchase. Financing included an $850-million first lien; $495-million second lien; and $300-million of letter of credit and revolver facilities.
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