valuation
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Legal & Regulatory
Texas Coal Plant Wins Tax Appraisal Case, Property Value Cut 60%
The Sandy Creek coal-fired power plant—a 900-MW facility in Riesel, Texas—won a major victory in court on August 19 when a McLennan County jury agreed that the plant was appraised at a much higher value than justified by market conditions. The appraisal district had suggested the plant be valued at $900 million in 2014 and […]
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Renewables
Challenging Power Market Hurting Plant Valuations
Pressures on competitive power markets have fueled substantial declines in plant valuations over the past five years, with coal plants taking the brunt of the damage. That’s the conclusion of a new report from financial services firm Fitch Ratings released on Wednesday. The report, which calculated the net present value of plants across the country […]