CES buys 63 MW Placerita cogeneration power plant

Rancho Cordova, Calif., March 31, 2011 — Clean Energy Systems of Rancho Cordova Calif., announced the acquisition of the 63 MW Placerita power plant in Newhall Calif., northeast of Los Angeles.

The acquisition of the plant from AES California Management Co. Inc., was approved on Friday, March 18, 2011 by the Federal Energy Regulatory Commission.

CES also owns a 5 MW power plant near Bakersfield Calif.

CES is currently co-funded by the Department of Energy in a $43 million program to develop an oxy-fueled turbine to increase power plant efficiency while protecting the environment by avoidance of pollution.

AES California Management Co. Inc. is a unit of AES Corp, which indirectly owns 11,800 MW of generating capacity in the United States, of which about 4,500 are located in the California Independent System Operator's balancing authority area.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs