FirstEnergy sells two gas-fired peaking plants

FirstEnergy Corp. (NYSE: FE) said that its FirstEnergy Generation Corp. subsidiary has closed the sale of its 444 MW Richland Plant in Defiance, Ohio, and its 20 MW Stryker Plant in Stryker, Ohio, to Richland-Stryker LLC for $80 million. Richland-Stryker is a unit of privately held Quintana Infrastructure & Development.

FirstEnergy operated both plants as natural gas-fired peaking facilities, placing them in service only during high electrical usage periods.

Read more financial news

Sponsored by FLSmidth

Related Articles

 Palo Verde nuclear power plant is US’ largest producer for 23rd time

Palo Verde nuclear power plant is US’ largest producer for 23rd time

The Palo Verde Nuclear Generating Station in Arizona reached its 23rd consecutive year as the nation’s largest power producer.

 EU investigates GE, Alstom $17B acquisition

EU investigates GE, Alstom $17B acquisition

The European Commission is conducting an in-depth investigation on whether GE's (NYSE: GE) proposed acquisition of Alstom SA’s Thermal Power, Renewable Power & Grid businesses will cause large gas turbines costs to rise.

Follow Power Engineering on Twitter
Latest News

NuScale completes upper module mockup of small nuclear reactor

NuScale Power LLC said it completed fabrication and assembly of a full-scale, upper module mo...

Farley nuclear power plant goes offline for scheduled outage

Workers at the Farley nuclear power plant in Alabama took Unit 1 offline for a scheduled refu...

GE Hitachi Nuclear Energy dedicates reactor training area

GE Hitachi Nuclear Energy (GEH) dedicated its new boiling water reactor under-vessel training...

Shell Chemical nears air permit for 250-MW power project in Pennsylvania

Shell Chemical Appalachia LLC is close to an air permit from the Pennsylvania Department of E...

NRG seeks Texas approval to buy power plant being moved from Mississippi

NRG Texas Power LLC applied March 27 at the Public Utility Commission of Texas for approval o...

VIDEO: One nuclear power steam generator’s trip to the Summer plant site

New video from Westinghouse Electric shows the journey the one steam generator took from the ...

Nation's biggest nuclear firm makes a play for green money

A big player in the troubled nuclear power industry is trying to change the rules of the ener...

Emerson awarded $76mn ultrasupercritical coal-fired automation project

Emerson Process Management, a subsidiary of Emerson (NYSE: EMR), was awarded a $76 million co...

Power Engineering Current Issue

02/01/2015
Volume 119, Issue 2
1502PE-cover
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

Yuma Energy, Inc. Announces 2014 Financial Results and Provides an Operational Overview

Yuma Energy, Inc. Announces 2014 Financial Results and Provides an Operational Overview

DEKRA to Present New Algorithm for Faster and More Reliable Advanced Driver Assistance Systems at SAE 2015 World Congress

DEKRA to Present New Algorithm for Faster and More Reliable Advanced Driver Assistance ...

Dozens of Local Companies to Participate at Converters Expo in the Heart of Green Bay

Dozens of Local Companies to Participate at Converters Expo in the Heart of Green Bay

Clear Measure Names Chief Architect, Hires Principal Software Engineers

Clear Measure Names Chief Architect, Hires Principal Software Engineers

Save the Date: 8th Annual Whale Shark Festival Announced for Isla Mujeres

Save the Date: 8th Annual Whale Shark Festival Announced for Isla Mujeres

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>