STEC Acquires Two ERCOT Gas Stations from PROENERGY for $768M

South Texas Electric Cooperative (STEC) has acquired the Braes Bayou and Brotman Generating Stations in the ERCOT market from PROENERGY for $768 million. The facilities have a combined capacity of 768 MW of fast start generation, and PROENERGY will continue to staff, operate, and maintain the units under Operations and Maintenance and Total Care Services arrangements.

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