American National Power acquires Coleto Creek plant
Clients American National Power, Inc.
Jones Day advised American National Power, Inc., the largest power generator in the United Kingdom, in connection with its $1.1 billion acquisition and related financing of the Coleto Creek Power plant, a Texas coal-fired generator and wholesale seller of electric energy, from Topaz Power Group, an independent power producer and joint venture between Sempra Energy and Riverstone Holdings. The financing consisted of a first and second lien debt financing.
