Hess NEC LLC

Hess NEC LLC

Hess NEC LLC

Overview
Headquarters

955 Delancy Street,Newark, NJ 07105

Type of Company

Private

Industries

Power & Utilities
Holding Companies

Company Description

Hess NEC LLC produces electricity power. The company is headquartered in Newark, NJ.

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Hess NEC LLC
Recent Transactions
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Allianz SE, Ares EIF Management LLC purchase Hess NEC LLC

Investors
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Ares EIF Management LLC is the private equity investment firm invests in competitive electric power generation markets in the United States. It focuses on companies operating in the fields of natural gas, coal, oil, wind, solar, geothermal, landfill gas, biomass, and hydroelectric power facilities, as transmission line and pipelines. It invest in these assets by either acquiring existing operating facilities or by investing in the development and/or construction of new facilities.

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Hess Corp is a global exploration and production company which engages in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations. It operates through the following segments: Exploration and Production; Midstream; and Corporate, Interest, and Other. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The Corporate, Internet, and Other segment refers to unallocated costs. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

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