Oklahoma Gas & Electric to purchase 2 power plants for $53M
December 21, 2018
OKLAHOMA CITY (AP) — Oklahoma's largest electricity provider plans to spend $53 million to buy two power plants, which the utility says would save customers money and lower power plant emissions.
Oklahoma Gas & Electric announced a plan Thursday to acquire the Shady Point power plant near Poteau and the Oklahoma Cogeneration plant in Oklahoma City, the Journal Record reported. The Shady Point plant, owned by Virginia-based AES Corporation, is fueled with coal and natural gas. The natural gas-fired cogeneration plant is owned by Oklahoma Cogeneration LLC.
The acquisitions are pending approval f...
For access to this article please
sign in or
subscribe.
Reader Comments(0)