News

Ironclad Energy takes over the management of Canal Generating and Canal 3 Acquisition

June 2018 – Ironclad Energy has taken over the management of Canal Generating and the oversight of the construction of the new GE7HA.02 gas turbine project called Canal 3 upon the closing of the acquisitions by Stonepeak Infrastructure.  Ironclad Energy will oversee and manage all aspects of the facilities on behalf of Stonepeak looking to optimize and maintain a reliable generation source for ISO-NE.  Ironclad will look for ways to maximize the value of the facilities on behalf of Stonepeak technically, commercially, financially, and/or operationally.

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