Coal mine operator seeks new buyer for Navajo power plant
April 12, 2017
PHOENIX (AP) — A coal mine operator said the price of its coal could be lowered through 2025 if a new buyer takes over a northern Arizona power plant.
Peabody Energy officials are hopeful that new ownership would make the Navajo Generation Station profitable again, The Arizona Republic reported (http://bit.ly/2oUUTG9). Peabody's Kayenta Mine provides fuel for the power plant near Page that provides power to Arizona and Nevada.
"Let me be clear, the Navajo Generating Station is an economically viable and essential resource to the state of Arizona," said Brian Galli, Peabody group executive...