MVC Private Equity Fund has sold its stake in New Jersey independent energy supplier Plymouth Rock Energy to Engie Resources. “We are very pleased with the outcome of this transaction,” said Shivani Khurana, Managing Director of The Tokarz Group Advisers, LLC, the Portfolio Manager to MVC PE Fund. Financial terms of the deal were not disclosed. The deal is subject to regulatory approval and is expected to close by the end of November . Natural gas and power supplier Plymouth Rock Energy , based in Woodmere , New York , has three residential customer equivalents in New York , New Jersey , Pennsylvania , Woodmere , Pennsylvania , New Jersey and Massachusetts . Engie said the deal will expand its market share in New York and it give it a much larger presence down-state.
MVC Private Equity Fund has sold its stake in New Jersey independent energy supplier Plymouth Rock Energy to Engie Resources. Financial terms of the deal were not disclosed. The deal is subject to regulatory approval and is expected to close by the end of November . Natural gas and power supplier Plymouth Rock Energy , based in Woodmere , New York , has three residential customer equivalents in New York , New Jersey , Pennsylvania , Woodmere , Pennsylvania , New Jersey and Massachusetts . Engie said the deal will expand its market share in New York and it give it a much larger presence down-state.