🏭Sojitz Acquires Stake in its 2nd Gas-fired Power Plant in the U.S.
May 15, 2018
Sojitz Corporation
Sojitz Corporation (“Sojitz”) has acquired a 20.25% equity interest in Kleen Energy Holdings, LLC the parent company of Kleen Energy Systems, LLC from investment fund manager Ares EIF Management, LLC (“Ares EIF”). Kleen Energy Systems owns and operates the Kleen Energy Project (“Kleen Power Plant”), a gas-fired power plant engaged in the sale of electricity in the city of Middletown, Connecticut. The Kleen Power Plant is Sojitz’s second power generation project in the U.S. following last year’s investment in the Birdsboro Power Plant in Pennsylvania.