Platts
Luminant on Monday closed on the $1.3 billion acquisition of 2,988 MW of natural gas-fired capacity in the Electric Reliability Council of Texas footprint, a move that diversifies the company’s generation portfolio.
In the deal, Luminant, a subsidiary of Energy Future Holdings, took ownership of NextEra Energy Resources’ 1,912-MW Forney independent power plant in Forney, Texas, and NextEra’s 1,076-MW Lamar plant in Paris, Texas. Both plants are …