Novatus Energy, Southwest Generation to form a 4 GW energy platform in the US

US-based IPPs Novatus Energy and Southwest Generation have announced the completion of their merger to create a new energy platform. The platform, called Onward Energy, will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy will continue to provide services under the existing PPAs of Novatus Energy and Southwest Generation with their respective counterparties. It will also continue existing relationships with local communities.

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