Coal

Duke completes purchase of Rockingham power plant from Dynegy

10 November 2006 — Duke Energy announced it has completed the purchase of an approximately 825-MW power plant located in Rockingham County, North Carolina, US, from Dynegy for approximately $195 million.

The acquisition, announced in May, consists of five 165-MW Westinghouse combustion turbine units capable of using either natural gas or oil to operate.

The Rockingham plant is located north of Greensboro within Duke Energy’s North Carolina service area. It is a peaking power plant — used during times of high electricity demand, generally in the winter and summer months.