Ardian Acquires Remaining Stake in Hill Top Energy Center

April 28, 2025

Ardian has acquired the remaining equity stake in Hill Top Energy Center, giving it 100% ownership and full operational control of the 620 MW combined-cycle gas turbine in western Pennsylvania. The asset sells capacity and energy into the PJM market and the transaction is Ardian Americas Infrastructure Fund V's first energy investment, intended to support long-term growth and reliable power supply for rising electricity demand.

Buyers
Ardian
Targets
Hill Top Energy Center
Industry
Energy
Location
Pennsylvania, United States
Transaction Type
Buyout

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