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Macquarie Infrastructure Company Enters Into Agreement To Acquire Bayonne Energy Center

2015-02-06 05:59:45| plantautomation News Articles

Macquarie Infrastructure Company announced that it has entered into a definitive agreement to acquire Bayonne Energy Center (BEC) from an affiliate of ArcLight Capital Partners LLC for approximately $210M in cash plus the assumption of approximately $510M of debt maturing in 2021 (subject to customary working capital and other closing adjustments) resulting in a total enterprise value of $720M

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