Strategic Value Partners Announces Acquisition of Red Oak Power
Strategic Value Partners, LLC (together with its affiliates, “SVP”), a global alternative investment firm with approximately$22 billionof assets under management,today announced that its managed funds (the “SVP Funds”) have agreed to acquire Red Oak Power, an 831-megawatt natural gas-fired combined-cycle generation facility located in Sayreville, New Jersey. Red Oak, which began commercial operations in 2002, […]