Tate Power LLC

664.7MW Hill Top CCGT Project in Pennsylvania - Acquisition Financing

Borrower(s)
Industry
Power/Gas-fired combined cycle
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

Ardian is acquiring remaining interest in Hill Top Energy, a 664.7MW natural gas-fired facility in western Pennsylvania. Ardian first acquired a 41.9% stake in Hill Top in July 2019, and, with this transaction, has secured 100% ownership and full operational control of the project

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Deal Volume
$133.52m
Financial Close
23/04/2025
Dealmakers
Sources
Submitted by participant(s),

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Project Deals

664.7MW Hill Top CCGT Project in Pennsylvania
$1.34bn
Greenfield
Gas-fired combined cycle
North America
North America
United States