purchase
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PowerEnergy Storage Project Boosts Efficiency, Provides Savings, Reduces Emissions
An innovative thermal energy storage system in use at a New York state university campus is an example of the long-term energy vision for the college, and a blueprint for other institutions.
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GasEntergy Subsidiaries Buy Four-Unit CCGT Power Plant
Entergy Corp. announced on March 4 that three of its subsidiaries had closed on a transaction to purchase the 1,980-MW Union Power Station near El Dorado, Ark. The plant includes four combined cycle gas turbine (CCGT) units, each rated at 495 MW. Each unit operates two GE 7-FA combustion turbines with inlet air fogging, two […]
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CoalFPL Gains Approval to Buy Coal-Fired Plant, Plans to Retire It
Florida Power & Light Co. (FPL) has received approval from the Florida Public Service Commission (PSC) to acquire and phase out the Cedar Bay Generating Plant, a coal-fired facility located in Jacksonville, Fla. FPL has been buying power from the 250-MW plant under a long-term contract since 1988. The deal was not set to expire […]
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BusinessAlliant Energy Sells Minnesota Electric Service Territory to 12 Cooperatives
In a deal said to be the largest ever involving electric cooperatives, a group of 12 cooperatives completed the purchase of Alliant Energy’s electric service territory in southern Minnesota, which serves more than 43,000 customers. The agreement was signed in September 2013 between Interstate Power and Light Co. (IPL)—Alliant’s Iowa utility—and Southern Minnesota Energy Cooperative […]