Energy Capital Partners acquires Wheelabrator for $1.94 billion

In New Hampshire, Energy Capital Partners has closed on its acquisition of Wheelabrator Technologies for $1.94 billion. Wheelabrator, acquired from Waste Management, has 15 waste-to-electricity facilities that produce 768 MW per year. A new energy-from-waste facility is under construction in the U.K. and is scheduled to begin operations in 2015. They also recover metals from ash for recycling into commercial products. Mark Weidman, President CEO of Wheelabrator, expressed his excitement to be partnering with Energy Capital Partners and to benefit from their team’s substantial capital base, power generation expertise, and experience in clean energy and environmental infrastructure.

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