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…
Author: Rick Ankrum
Ohio approves Conesville ‘bailout’
The Coshocton Tribune by Jessie Balmert, Gannett Ohio COLUMBUS – In an unprecedented move, two energy companies were guaranteed profits for eight years by treating customers like investors to keep Conesville and other power plants operating across Ohio. The Public…