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Odessa power plant changes hands with $350MOdessa power plant changes hands with $350Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=170582017-07-12T05:00:00Z2017-07-12T20:00:00Z

​​Power plant at 2200 I-20 EastODESSA – 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). 
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