Morgan Stanley Investment Management, through its private infrastructure investment platform Morgan Stanley Infrastructure Partners (MSIP), has announced an agreement to sell its ownership stake in TigerGenCo Red Oak Holdings, LLC. The Red Oak Power Facility, an 831-megawatt combined cycle power plant located in Sayreville, New Jersey, is part of the PJM Interconnection, North America's largest power market. This transaction, which exemplifies MSIP's strategy of leveraging operational, commercial, and financial expertise to create long-term value, is expected to be finalized in the fourth quarter of 2025, pending customary closing conditions and regulatory approvals. Jefferies LLC and Santander served as financial advisors to MSIP in this transaction.
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