Energy Capital Partners (“ECP”) today announced the final closing of Energy Capital Partners I, LP. ECP closed the fund at its designated cap of $2.25 billion, exceeding the $1.5 billion target established for the fund.

Energy Capital Partners and its affiliates have completed the purchase of the competitive generation business from Northeast Utilities and its affiliates, representing approximately 1,442 megawatts.

Northeast Utilities (NYSE: NU) and Energy Capital Partners (ECP) announced today that ECP has agreed to purchase NU’s competitive generation assets in Connecticut and Massachusetts for $1.34 billion, including the assumption of $320 million in debt.