Entergy Buys Arkansas Natural Gas-Fired Power Plant for $948 Million

first_img Vietnam: scaling back coal-fired plans toward gas, renewables Mississippi Power cutting stakes in coal-fired, gas-fired stations to reduce excess MW, emissions By chloecox – TAGSEntergy In December 2014, Entergy announced an agreement with Union Power Partners LP, an independent power producer wholly-owned by Entegra TC LLC, to acquire the units to help modernize the generating fleet and meet increasing power demands in the region. Twitter Entergy Buys Arkansas Natural Gas-Fired Power Plant for $948 Million Entergy (NYSE: ETR) closed on the purchase of a 1,980-MW natural gas-fired combined-cycle power plant in Arkansas for $948 million, or $479/KW. Facebook RELATED ARTICLESMORE FROM AUTHOR The Union Power Station began commercial service in 2003 and consists of four combined-cycle gas turbines rates at 495 MW each. Entergy Arkansas and Entergy New Orleans each acquired one unit, and Entergy Louisiana acquired two.center_img Facebook Venture Global LNG adds Zachry to EPC team for Gulf export terminal construction Linkedin Linkedin Twitter Previous articleGeneral ElectricNext articleFormer Bruce Power CEO to Lead Horizon Nuclear Power chloecox 3.4.2016 GasCombined Cycle No posts to displaylast_img read more