OGE Energy Corp plans to acquire two coal-fired projects in US
Oklahoma Gas & Electric, the utility subsidiary of OGE Energy Corp has announced that, pending regulatory approval, it will acquire two existing power plants to meet customers' energy needs. The plants will replace capacity currently provided by power purchase contracts set to expire in 2019.
The company announced it will acquire the Shady Point plant near Poteau, Oklahoma, and the Oklahoma Cogeneration plant in Oklahoma City. The Shady Point facility, currently owned by AES Corporation, 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. The Oklahoma Cogeneration facility, owned by Oklahoma Cogeneration LLC, is a 146 MW natural gas-fired combined-cycle plant. The company will pay approximately US$53 million for the two plants, which currently serve OG&E customers.
OG&E will seek pre-approval of the acquisitions from regulators in both Oklahoma and Arkansas.
Country updates
-
-
December 19, 2018
New Jersey Board rejects 25 MW offshore wind project application
The New Jersey Board of Public Utilities (NJBPU) has denied the petition of Nautilus Offshore Wind, LLC to install a 25 MW offshore wind demonstration project in state waters off the coast of Atlantic...
Read more -
December 18, 2018
ALLETE Clean Energy to refurbish turbines of four wind projects in US
ALLETE Clean Energy, a wholly owned subsidiary of ALLETE, has announced that it is refurbishing its 50 megawatt Condon Wind facility in Oregon, with the project scheduled to be complete...
Read more -
December 18, 2018
Community Energy gets PPA approval for 70 MW solar PV project in Philadelphia
Clean energy developer Community Energy’s 70MW PPA has been approved to power government facilities in Philadelphia. The PV project, located in Adams County, Pennsylvania, will generate enough...
Read more -
December 18, 2018
Ecolab signs PPA for Clearway Energy Group's 419 MW wind project in US
Ecolab Inc., has signed an agreement to support Clearway Energy Group’s 419-megawatt (MW) wind farm, Mesquite Star, in Fisher County, Texas. Construction of the Mesquite Star wind farm is schedu...
Read more -
December 17, 2018
EBRD and TBC Bank to finance 14 MW hydropower projects in Georgia
The European Bank for Reconstruction and Development has provided support for the development of renewable energy in Georgia by financing the construction of a 13.7 MW combined capacity of three...
Read more
