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On October 13, 2006, GenPower, LLC (“GenPower”) and First Reserve Corporation (“First Reserve”), a leading global private equity firm, formed GenPower Holdings, LP (“the Company”), a new joint venture to pursue the development, ownership, acquisition and operation of power generation facilities in the United States and abroad.
GenPower contributed to the joint venture a portfolio of projects under development and an existing team of power development professionals to manage the Company. The first plant to be financed by the new entity is expected to be the Longview coal project (“Longview”), a supercritical, pulverized coal-fired generating facility to be located in Maidsville, West Virginia... |
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