Gate City Power – NE Generation LLC

545MW West Lorain Gas-Fired Project - Acquisition Financing

Industry
Power/Gas-fired simple cycle
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

A $185 million 5-year senior secured credit facility to support Lotus' acquisition of the 545 MW West Lorain gas‑fired peaking power plant in Lorain, Ohio, United States.

Deal Volume
$180m
Financial Close
26/03/2026
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

545MW West Lorain Gas-Fired Project
$185m
Greenfield
Gas-fired simple cycle
North America
North America
United States