The 80MW Rensselaercombined cycle facility is located in New York, US.

The facility employs Westinghouse combustion turbine, Zurn heat recovery steam generator, and Mitsubishi steam turbine.

The power generation facility has dual-fuel capability using natural gas or oil.

LDH Energy president Michael Dowling said the acquisition of Rensselaer is an important step in building their portfolio of power generation assets.

"This acquisition is representative of our investment philosophy of deploying capital in attractive markets where our merchant activities provide us with market insight," Dowling said.

"Rensselaer is our second acquisition to close in 2012, and we continue to look for additional opportunities to invest across the energy industry."