What changed
Guernsey Power Station, an 1,836 MW natural gas-fired combined cycle plant in Ohio, sold 750 MW UCAP for PJM Delivery Years 2029/2030 through 2035/2036 and the remainder of 588 MW UCAP for Delivery Year 2029/2030. The Guernsey 7-Year Capacity Sale is expected to generate approximately $100 million per year in revenue. Waterford Energy Center, an 869 MW combined cycle gas turbine facility in Ohio, sold all UCAP for Delivery Years 2029/2030 through 2031/2032. The transactions are with an investment grade counterparty and are not subject to any closing conditions.
Why it matters
Guernsey Power Station, an 1,836 MW natural gas-fired combined cycle plant in Ohio, sold 750 MW UCAP for PJM Delivery Years 2029/2030 through 2035/2036 and the remainder of 588 MW UCAP for Delivery Ye