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The largest new Connecticut power plant has a new minority owner.
Competitive Power Ventures (CPV) announced that it’s sold a 25 percent stake in Oxford’s CPV Towantic Energy Center to Osaka Gas USA for an undisclosed price.
The 805-megawatt natural gas plant, which can also run on oil when needed, entered service in June.
Osaka Gas has previously invested in three CPV plants, in Maryland, New Jersey and Pennsylvania.
“Our thriving partnership with CPV has been instrumental in expanding our generation footprint in the U.S. power markets,” Tetsushi Ikuta, OGUSA’s president, said in a statement.
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The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
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