# Bayswater Peaking Facility LLC

NYISO power_plant · https://askthegrid.com/nyiso/assets/plant/bayswater-peaking-facility-llc

Bayswater Peaking Facility LLC owns and operates a 60.5 MW natural-gas-fired simple-cycle combustion-turbine peaking facility located at 14-25 Bay 24th Street in Far Rockaway, Queens County, New York. The facility entered commercial operation on June 19, 2002, and comprises one generator with two Pratt & Whitney FT8 turbines serving a single generator. The facility was developed to relieve the Far Rockaway load pocket, a transmission-constrained area on Long Island. Following a 2019 acquisition by Hull Street Energy (through MPH Rockaway Peakers, LLC), the facility remains in operation under proposed 10-year capacity purchase arrangements with LIPA.

## Key facts

- Technology: Natural Gas Fired Combustion Turbine
- Power capacity: 60.5 MW

## Grid and market context

- ISO/RTO: NYISO
- Balancing authority: NYISO

## Source-backed facts

- Operations.commercial operation date: 2002-06-19 — documents.dps.ny.gov · confidence: review_required
- Operations.ppa expiration date: 2020-06-28 — documents.dps.ny.gov · confidence: review_required
- Equipment.turbine count: 2 — extapps.dec.ny.gov · confidence: review_required
- Financing.authorized borrowing usd: 50000000 USD — documents.dps.ny.gov · confidence: review_required
- Financing.maximum term years: 18 years — documents.dps.ny.gov · confidence: review_required
- Agreements.cpa estimated cost usd: 91000000 USD — lipower.org · confidence: review_required

## Timeline

- 2001-09-04 — CPCN granted
  New York Public Service Commission granted Bayswater a Certificate of Public Convenience and Necessity (CPCN) authorizing construction and operation of the generating facility
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B65A3CBB1-E49D-48C9-90C1-007B094A88B7%7D)
- 2002-01-31 — Lightened regulation and financing approval
  Commission granted lightened regulation and approved financing for the facility. Authorized borrowing of up to $50 million for project development; approved non-recourse project debt structure with FPL Energy equity participation and facility collateral; expected term no more than 18 years; interest at negotiated spread over LIBOR or other published index
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B65A3CBB1-E49D-48C9-90C1-007B094A88B7%7D)
- 2002-06-19 — Commercial operation commenced
  Bayswater reported to PSC that it commenced commercial operation
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B075C1375-9A8A-4E9F-B7D5-6E3EAFFB4B9B%7D)
- 2003-11-03 — Revised financing approval
  Commission approved Bayswater's request for revised financing arrangements under Case 03-E-1145
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B075C1375-9A8A-4E9F-B7D5-6E3EAFFB4B9B%7D)
- 2005-04-13 — Turbine upgrade / repowering
  NYSDEC permit modification became effective for facility upgrade. The modification approved replacement of the existing Pratt & Whitney FT8 Twin Pac with a Pratt & Whitney FT8-3 Swift Pac configuration. The permitted configuration remained two simple-cycle natural-gas turbines serving one generator.
  Source: extapps.dec.ny.gov (https://extapps.dec.ny.gov/data/dar/afs/permits/263080051300001.pdf)
- 2007-07-02 — Title V operating permit issued
  NYSDEC issued combined Title V air permit for Bayswater/Jamaica Bay facility (permit ID 2-6308-00513/00012). Permit separately identified Bayswater as Emission Unit U-00001 with two natural-gas-fired FT8 turbines serving one generator, producing approximately 55 MW electricity
  Source: extapps.dec.ny.gov (https://extapps.dec.ny.gov/data/dar/afs/permits/prr_263080051300012_0.pdf)
- 2019-03-19 — PSC declaratory ruling on transfer
  New York Public Service Commission issued declaratory ruling finding that the proposed upstream ownership transfer did not require Section 70 approval. The Commission confirmed that prior financing approvals and lightened regulation would continue post-transaction.
  Source: documents.dps.ny.gov (https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BC72D7385-6482-40FF-964C-B6FD23C3203B%7D)
- 2019-03-29 — Hull Street Energy acquisition
  Hull Street Energy announced acquisition of the Bayswater and Jamaica Bay generating stations from a subsidiary of NextEra Energy Resources. The transaction transferred upstream ownership interests in FPL Energy Rockaway Peaking Facilities, LLC, including the direct ownership of Bayswater Peaking Facility LLC. Closing announced March 29, 2019.
  Source: hullstreetenergy.com (https://hullstreetenergy.com/blog/hull-street-energy-acquires-two-natural-gas-fired-plants-in-new-york/)

## Sources

- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B075C1375-9A8A-4E9F-B7D5-6E3EAFFB4B9B%7D) — documents.dps.ny.gov · tier authoritative
- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B65A3CBB1-E49D-48C9-90C1-007B094A88B7%7D) — documents.dps.ny.gov · tier authoritative
- [documents.dps.ny.gov](https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7BC72D7385-6482-40FF-964C-B6FD23C3203B%7D) — documents.dps.ny.gov · tier authoritative
- [extapps.dec.ny.gov](https://extapps.dec.ny.gov/data/dar/afs/permits/263080051300001.pdf) — extapps.dec.ny.gov · tier authoritative
- [extapps.dec.ny.gov](https://extapps.dec.ny.gov/data/dar/afs/permits/prr_263080051300012_0.pdf) — extapps.dec.ny.gov · tier authoritative
- [hullstreetenergy.com](https://hullstreetenergy.com/blog/hull-street-energy-acquires-two-natural-gas-fired-plants-in-new-york/) — hullstreetenergy.com · tier public_source
- [lipower.org](https://www.lipower.org/wp-content/uploads/2025/11/6.-Consideration-of-Approval-of-a-Capacity-Purchase-Agreement.pdf) — lipower.org · tier public_source

## Data quality

- The facility's nameplate capacity is listed as 60.5 MW in the EIA-based 2024 record, while earlier PSC filings from 2019 describe approximately 54 MW and the 2025 LIPA document cites 53.5 MW summer CRIS rating. These represent different measurement methodologies (nameplate vs. summer rated vs. CRISsystem); they are not substantive conflicts and should not be merged. The NYSDEC permit from 2007 separately identifies Bayswater's two FT-8 turbines producing 55 MW aggregate output, distinct from Jamaica Bay's configuration. This aligns with the nameplate and summer capacity ranges in later records. A 2026 FERC settlement summary confirms GT1 as the 60.5 MW natural-gas-fired Bayswater resource; it also documents a reported 2.7 MW operational derate affecting auxiliary loads when both Far Rockaway units run together on natural gas following a July 2021 Jamaica Bay modification. The 2019 transaction was structured as an upstream ownership transfer (sale of FPL Energy Rockaway Peaking Facilities, LLC interests) rather than a direct standalone Bayswater sale. Hull Street Energy's 2019 press release identifies the seller broadly as a NextEra Energy Resources subsidiary; the PSC filing identifies the selling entity as FPL Energy New York, LLC. No effective retirement date is supported. The EIA-based plant record shows operating status through December 2024; the latest 2026 NYISO and FERC documents confirm Bayswater (GT1) remained an active NYISO market resource. The 2026 Commercial Observer article describes a 22-acre parcel at 1425 Bay 24th Street sold by National Grid to PSEG/LIPA; this article notes the site was formerly occupied by a power plant demolished over 10 years earlier and was sold as excess land. This does not constitute evidence of site area for the operating Bayswater facility.
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