# Athens Generating Plant

NYISO power_plant · https://askthegrid.com/nyiso/assets/plant/athens-generating-plant

The Athens Generating Plant is an operating natural-gas-fired combined-cycle facility located at 9300 US Route 9W in the Town of Athens, Greene County, New York. The facility consists of three combined-cycle units, each powered by a Westinghouse 501G combustion turbine paired with a heat-recovery steam generator and steam turbine generator. Construction began in May 2001 and was completed in mid-July 2003, with commercial service commencing in 2004. The facility is owned and operated by New Athens Generating Company LLC and is subject to lightened regulation by the New York Public Service Commission.

## Key facts

- Technology: Natural Gas Fired Combined Cycle
- Power capacity: 1221.6000000000001 MW

## Grid and market context

- ISO/RTO: NYISO
- Balancing authority: NYISO

## Source-backed facts

- Asset.interconnection.voltage kv: 345 kV — nyiso.com · confidence: review_required
- Asset.interconnection.substation: Athens 345 kV switchyard — nyiso.com · confidence: review_required
- Asset.regulatory status: Subject to lightened regulation by New York Public Service Commission — documents.dps.ny.gov · confidence: review_required

## Timeline

- 2001-05 — Construction of Athens Generating Plant begins
  Construction of the Athens project began in May 2001 under a contract awarded to Bechtel Power Corporation.
  Source: industrialinfo.com (https://www.industrialinfo.com/news/article/athens-generating-and-sister-power-plants-change-ownership-and-complete-final-testing-for-commercial--33529)
- 2001-07-30 — NYPSC authorizes debt for Athens project
  The New York Public Service Commission issued Case 01-E-0816, Order Authorizing Issuance of Debt, which authorized up to $750 million of debt for Athens Generating Company, later clarified for New Athens under Case 06-E-1223 on November 15, 2006.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B2AE73ED9-0A4A-49C9-BE03-CB0EC2E76A5A%7D)
- 2003 — Athens project cost documented at approximately $550 million
  The Athens project was described as a $550 million project, representing the approximate capital cost incurred.
  Source: industrialinfo.com (https://www.industrialinfo.com/news/article/athens-generating-and-sister-power-plants-change-ownership-and-complete-final-testing-for-commercial--33529)
- 2003-07 — Athens Generating Plant construction completed
  Construction of the Athens project was completed in mid-July 2003.
  Source: industrialinfo.com (https://www.industrialinfo.com/news/article/athens-generating-and-sister-power-plants-change-ownership-and-complete-final-testing-for-commercial--33529)
- 2003-09-17 — NYPSC approves transfer to MACH Gen and confirms lightened regulation
  The New York Public Service Commission issued Case 03-E-0516, Order Approving Transfer and Providing for Lightened Regulation, approving the transfer from Athens Generating Company, L.P. to the MACH Gen ownership structure and confirming lightened regulation status.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BC609F554-2D73-4C2E-BD45-4167F80F205D%7D)
- 2009 — Strategic Value Partners acquires upstream ownership interests
  Strategic Value Partners acquired upstream ownership interests in the Athens facility. The New York Public Service Commission issued Case 09-E-0144, Declaratory Ruling on Review of an Ownership Transfer Transaction, confirming that lightened regulation would continue after consummation.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BC609F554-2D73-4C2E-BD45-4167F80F205D%7D)
- 2014-01-24 — MACH Gen restructuring with holding-company insertion
  MACH Gen and New Athens petitioned the New York Public Service Commission for approval of an upstream transfer of part of the ownership to second-lien secured lenders and for insertion of a new holding company (MACH Gen Holdings) between MACH Gen and New Athens. The restructuring was intended to eliminate approximately $1 billion of debt across the MACH Gen entities. New Athens retained direct ownership and operational control of the facility.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B2AE73ED9-0A4A-49C9-BE03-CB0EC2E76A5A%7D)
- 2016-07-15 — Riverstone and Talen acquire upstream ownership interests in New Athens
  Riverstone Holdings LLC and Talen Energy Supply, LLC, along with MACH Gen, LLC, New MACH Gen, LLC, and New Athens, filed a joint petition with the New York Public Service Commission for a declaratory ruling regarding Riverstone's acquisition of additional upstream ownership interests in New Athens. The filing identified Talen as owning MACH Gen, MACH Gen owning New MACH Gen, and New MACH Gen owning New Athens.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BC609F554-2D73-4C2E-BD45-4167F80F205D%7D)
- 2020-09-18 — Beal Bank proposes acquisition of New Athens via bankruptcy plan
  New Athens Generating Company, LLC and Beal Bank USA and Beal Bank, SSB filed a Verified Joint Petition with the New York Public Service Commission for a Declaratory Ruling regarding the proposed transfer of indirect ownership interests in New Athens to a wholly-owned indirect subsidiary of BBUSA and BBSSB. The transaction was to occur upon emergence from bankruptcy and would give Beal 100% ownership of New Athens.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BF0A3DB2A-ED75-4457-A8D5-3AEA53EF2FB6%7D)
- 2024-05-16 — NYPSC approves transfer of Athens facility to Gate City Power
  The New York Public Service Commission issued an order regarding the proposed transfer of the New Athens generating facility from NorthEast Gas Generation, LLC to Gate City Power. A White & Case transaction biography independently identifies this as Beal Bank's sale of the New Athens Generating Facility to Gate City Power.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BB09E878F-0000-C510-BDCC-0FD23CF68BE2%7D)

## Sources

- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B2AE73ED9-0A4A-49C9-BE03-CB0EC2E76A5A%7D) — documents.dps.ny.gov · tier authoritative
- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BB09E878F-0000-C510-BDCC-0FD23CF68BE2%7D) — documents.dps.ny.gov · tier authoritative
- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BC609F554-2D73-4C2E-BD45-4167F80F205D%7D) — documents.dps.ny.gov · tier authoritative
- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BF0A3DB2A-ED75-4457-A8D5-3AEA53EF2FB6%7D) — documents.dps.ny.gov · tier authoritative
- [federalregister.gov](https://www.federalregister.gov/documents/2025/11/20/2025-20499/air-plan-approval-new-york-athens-generating-plant) — federalregister.gov · tier authoritative
- [industrialinfo.com](https://www.industrialinfo.com/news/article/athens-generating-and-sister-power-plants-change-ownership-and-complete-final-testing-for-commercial--33529) — industrialinfo.com · tier public_source
- [nyiso.com](https://www.nyiso.com/documents/20142/2964907/athens_2003_voltage_report_approved_072205.pdf/7a3ce85d-0e64-9199-110a-086e393aa883) — nyiso.com · tier authoritative
- [riverstonellc.com](https://www.riverstonellc.com/en/home/) — riverstonellc.com · tier public_source

## Data quality

- The facility is referenced at multiple capacity levels: the anchor EIA database lists 1221.6 MW; the owner's regulatory filing states 1,137.9 MW summer rating; the NYSDEC permit describes a maximum of 1,080 MW; and NYISO's market data lists three units at 441 MW each (aggregate 1,323 MW NYISO nameplate). These reflect different rating conventions (gross, summer, permitted, and NYISO nameplate) and are not interchangeable. The publish-ready registry may retain the regulatory summer rating (1,137.9 MW) as the most official, while documenting the other capacity figures and their contexts separately. The ownership history includes multiple upstream restructurings and transfers rather than traditional arm's-length sales. The documented transfers include: (1) 2003 transfer from Athens Generating Company, L.P. Each represents a distinct transaction type rather than a simple ownership change. The $750 million reflects New Athens' proportionate share of MACH Gen's portfolio financing, and the $1 billion represents aggregate restructuring debt across the MACH Gen entities (including other generating facilities). No definitive project-cost figure, construction loan amount, or total capitalization is established by the candidate evidence. The candidate research contains abundant evidence of the facility's technical specifications, ownership history, regulatory status, and market role, all of which is consistently corroborated across government, ISO/RTO, regulator, and independent sources. No material factual conflicts remain after cross-referencing exact-asset claims.

---

Canonical page: https://askthegrid.com/nyiso/assets/plant/athens-generating-plant

Source: Ask the Grid — https://askthegrid.com/