Strategic Value Partners (SVP) to Acquire Remaining Equity Interests in Birdsboro Power

May 8, 2026

Strategic Value Partners (SVP) signed a definitive agreement through its managed funds (the “SVP Funds”) to acquire the remaining equity interests in Birdsboro Power, LLC (“Birdsboro”), a 485-megawatt natural gas-fired combined-cycle generation facility in Birdsboro, Pennsylvania. The deal would bring Birdsboro under full SVP Fund ownership, following SVP’s initial one-third stake acquisition in May 2025 and its ongoing role as Managing Member alongside EverGen Power.

Targets
Birdsboro Power, LLC
Sellers
Sojitz Birdsboro LLC, Tokyo Gas America Ltd.
Platforms
EverGen Power
Industry
Energy
Location
Pennsylvania, United States
Transaction Type
Buyout

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