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 of the proposed purchase of all of the issued and outstanding membership interests in PHR Holdings LLC from BTEC New Albany LLC, which currently owns I00% of the membership interests in PHR.
PHR owns a peaking facility, comprised of six General Electric (NYSE: GE) natural gas-fired combustion turbine generating units with a combined total summer net capacity of 388 MW. That facility is being transported from Mississippi and reassembled by BTEC at the site of a former generation station located in Texas City, Texas, and owned by NRG Texas.
