OPC Energy Agrees to Swap CPV Maryland Stake for CPV Three Rivers Interest

Reuters03-03
OPC Energy Agrees to Swap CPV Maryland Stake for CPV Three Rivers Interest

OPC Energy Ltd. said CPV Group LP, its 70%-owned subsidiary, agreed to swap assets with its partner in CPV Maryland, LLC, exchanging the partner’s 25% stake in the 745 MW CPV Maryland power plant for CPV’s 10% interest in CPV Three Rivers LLC, which owns a 1,258 MW plant in Illinois, plus an immaterial cash payment. OPC said the deal is expected to close in the second quarter of 2026, after which CPV would own 100% of CPV Maryland and exit CPV Three Rivers.

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