OG&E closes its acquisition of 360 MW coal-fired project in US

OG&E has announced that the company has completed the acquisition of the AES Shady Point plant near Poteau, Oklahoma. The acquisition follows approval by the Federal Energy Regulatory Commission (FERC) of the company's application to acquire Shady Point and the Oklahoma Cogeneration LLC facility in Oklahoma City. The company had previously received the necessary approvals to proceed with the acquisitions from the Arkansas Public Service Commission on May 8, 2019 and the Oklahoma Corporation Commission on May 13, 2019.

The Shady Point facility is a 360 MW coal and natural gas-fired plant utilizing circulating fluidized bed boilers that produce lower emissions due to their design features and emissions controls.