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EGCO agrees to buy additional 12% stake in Linden Cogen, raising ownership to 50%

PUBT·10/19/2026 01:31:23
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EGCO agrees to buy additional 12% stake in Linden Cogen, raising ownership to 50%
  • EGCO agreed to acquire an additional 12% stake in Linden TopCo, increasing its ownership to 50%.
  • Wholly owned subsidiary EGCO Linden II signed the equity purchase agreement on October 15, 2026.
  • Linden TopCo operates the approximately 980-MW Linden Cogen natural gas-fired cogeneration plant in New Jersey, serving New York and New Jersey markets.
  • The investment will generate immediate incremental net earnings and dividend income upon closing, subject to conditions under the agreement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EGCO - Electricity Generating pcl published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.