Morgan Stanley Infrastructure Partners to sell Bayonne Energy Center
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Morgan Stanley Infrastructure Partners Agrees to Sell Bayonne Energy Center
March 17, 2026 9:01 AM EDTNEW YORK--(BUSINESS WIRE)-- Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, today announced it has agreed to sell its ownership stake in Thermal Bayonne Holdings, LLC (Bayonne Energy Center or Bayonne) to Jupiter Energy Investor, LLC.
Located in Bayonne, New Jersey, Bayonne Energy Center supplies electricity, capacity, and ancillary services exclusively to New York City via a dedicated subsea cable system. MSIP acquired the generating facility in 2018 and has since managed the plant through its power asset management platform TigerGenCo.
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