Blackstone and ArcLight Capital Partners have recently agreed to sell Lightstone Generation LLC to ECP (Energy Capital Partners).
Lightstone is a portfolio company that includes Ohio’s 2.6 GW coal-fired Gavin power plant. Operating as a private equity firm, Lightstone invests in power generation facilities.
Lightstone will be a fitting addition to ECP’s portfolio. Historically, ECP has been a leading investor for power, renewables, storage, sustainability, and decarbonization infrastructure.
