NRG Energy Enters into Agreements to Sell Two Generating Plants for $138 Million

NRG Energy agreed to sell two of its generating stations: the 525-MW Seward power plant in New Florence, Pennsylvania and the 352-MW Shelby County power plant in Neoga, Illinois. The Seward facility, which is located in the PJM Interconnection, is being acquired by Seward Generation, a Robindale Energy Services company. The Shelby County facility, which is located in the MISO Interconnection, is being acquired by an affiliate of Rockland Capital. The station is a 352-MW natural gas-fueled, simple-cycle combustion turbine peaking plant with eight General Electric LM6000 aero-derivative combustion units. The aggregate purchase price for the two generation facilities is approximately $138 million.