Entergy Mississippi Completes Purchase of Generating Station
October 31 2019 - 6:28PM
Dow Jones News
By Stephen Nakrosis
Entergy Mississippi, LLC said Thursday it closed its purchase of
an 810MW generating station in Choctaw County, Mississippi.
Entergy Mississippi said last year it entered into a purchase
agreement with a subsidiary of GenOn Energy Inc., to buy the plant
for $314 million, subject to adjustments.
The Choctaw County Generating Station uses natural gas and its
steam byproduct to produce clean, affordable electricity, the
company said. It will employ 27 people.
"Over the past 20 years, the Entergy Utility has added
approximately 8 gigawatts of clean, highly efficient generation,
allowing for the deactivation of over 6 gigawatts of older,
less-efficient gas or oil units," the company said.
Entergy Mississippi LLC is part of Entergy Corp. (ETR).
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 31, 2019 18:13 ET (22:13 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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