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Dairyland Power Cooperative Seeks to Acquire RockGen Energy Center

Dairyland Power Cooperative announced that it has entered into a purchase agreement to acquire the RockGen Energy Center, a 503 megawatt natural gas power plant located in Cambridge, Wisconsin, from Starwood Energy Group Global, LLC.

Great River Energy Finds Buyer for Coal Creek Station

The search for a new owner for Coal Creek Station is over, as a Bismarck-based company has reached a deal with operator Great River Energy to purchase the power plant. Affiliates of Rainbow Energy Marketing Corp. will acquire the McLean County, North Dakota plant and its transmission line for an undisclosed price.

New York Cooperative Enters into Purchase Agreement

Tri-County Rural Electric Cooperative (Tri-County) entered into an asset purchase agreement to acquire the Waverly, NY electric distribution assets of Pennsylvania Electric Co. (Penelec). Tri-County intends to add Penelec’s customers in Waverly to its cooperative membership upon completion of the acquisition.

Gas South Plans to Acquire Infinite Energy

Gas South, a Cobb County, Georgia-based natural gas marketer and a subsidiary of electric cooperative Cobb EMC, is planning to acquire Infinite Energy, based in Gainesville, Florida. The headquarters for Gas South will remain in Cobb County, where the business employs about 240 people, but the company said it would retain a presence in Gainesville, Florida, where most of...

Entities Consider Purchase of Coal Creek Plant, with Sustainable Enhancements

At least two entities are considering purchasing Great River Energy’s 1,147-MW Coal Creek plant, which was slated for retirement in the second half of 2022. The purchasers are considering operating the plant with enhancements such as carbon capture and storage technologies and building energy storage and wind generation in the area.

Members Reject Proposed Merger of Kansas Electric Cooperatives

A proposed merger of two northeast Kansas electric cooperatives was recently rejected by coop members. The Boards of Trustees for Nemaha-Marshall Electric Cooperative Association in Axtell, Kansas and Doniphan Electric Cooperative Association in Troy, Kansas had unanimously approved taking the proposed consolidation to their members. Kansas law requires that each cooperative receive at...

Pee Dee Electric and Marlboro Electric Announce Strategic Partnership

Pee Dee Electric Cooperative and Marlboro Electric Cooperative, neighboring cooperatives in South Carolina, have announced that they will enter into a management agreement, effective September 18, 2020.

Kansas Coop Consolidation Receives Board Approvals

The Boards of Trustees for Nemaha-Marshall Electric Cooperative Assn., Inc. in Axtell, Kansas and Doniphan Electric Cooperative Assn., Inc. in Troy, Kansas have approved a joint member vote on a consolidation of the two electric cooperatives to be held in October 2020. Under the proposed consolidation plan, a new legal entity, Northeast Kansas Electric Cooperative, Inc., will be...

Electric Coop to Purchase Municipal Utility

The Tennessee Valley Authority recently approved Middle Tennessee Electric Membership Cooperative’s takeover of Murfreesboro’s Electric Department (MED). The merger, which is expected to become effective in July 2020, is one of the largest acquisitions ever by a power cooperative of a municipally-owned utility – $302 million over the next 15 years to acquire MED and its 67,000...

NextEra Energy to Acquire Assets From Southern Company

NextEra Energy, Inc. announced on May 21, 2018 that it has entered into definitive agreements with Southern Company to acquire Gulf Power, Florida City Gas and its ownership interests in the Oleander and Stanton natural-gas generating plants located in Florida. It is worth noting that NextEra will acquire 100% ownership of Plant Oleander, a natural-gas fueled, simple-cycle combustion...

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