Energy Capital buys New England plant

Energy Capital Partners wrapped up its months-long acquisition of Brayton Point Power Station.

Energy Capital Partners (ECP) completed its purchase of Brayton Point Power Station, a power plant located on a 300-acre patch of Narragansett Bay in Somerset, Massachusetts.

New Jersey-based infrastructure investor Energy Capital bought Brayton Point, a 1,530 megawatt fossil-fuel generating facility, from Dominion Virginia Power, according to the Dominion website. Terms of the deal were not disclosed.

Dominion initiated a sale of Brayton Point in March. The Federal Energy Regulatory Commission approved the deal last week. Paul Parshley, a managing director with ECP, did not respond to a voicemail message seeking additional comment.

Dominion acquired Brayton Point in 2005 and has since invested $1.1 billion on environmental improvements in the power station. The station commenced commercial operation in 1963.