Jul 12, 2017
Odessa power plant changes hands with $350M
ODESSA – Vistra Energy will be acquiring an Odessa-based, gas-fired power plant for $350 million in a cash deal from Odessa Power.Vistra Energy indicates that the 1,054 megawatt, combined cycle...
ODESSA – Vistra Energy will be acquiring an Odessa-based, gas-fired power plant for $350 million in a cash deal from Odessa Power.
Vistra Energy indicates that the 1,054 megawatt, combined cycle combustion turbine power plant will provide access to discounted gas supply from the Permian Basin.
The plant is at 2200 I-20 East and came online in 2001.
Gas-fired plants make up more than half of the generation capacity on a grid overseen by Electric Reliability Council of Texas (ERCOT).
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.