LS Power on May 8 announced it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 megawatts of natural gas generation in the ERCOT North region of Texas through a special purpose affiliate.
The portfolio features dual-fuel capability, meaningful on-site fuel oil storage and firm gas transport and storage arrangements, LS Power said.
The three generation projects are Jack County (Two baseload combined cycle blocks totaling 1,297 MW located in Jack County, TX); Johnson County (a 280 MW combined cycle plant located in Johnson County, TX); and RW Miller (Four peaking units totaling 568 MW located in Palo Pinto County, TX)
Johnson County and RW Miller are dual-fuel resources with on-site fuel oil storage that provides important fuel security during periods of gas scarcity, while Jack County benefits from firm gas transport as well as firm storage arrangements.
The transaction is expected to close in early June upon receipt of customary regulatory approvals.