DTE Energy sells Marysville Power Plant


DTE Energy (NYSE: DTE) is selling Marysville Power Plant to Commercial Development Company (CDC).

The plant, which began operating in 1922, was purchased by CDC, a St. Louis-based firm specializing in industrial brownfield work. The company will prepare the site for future development.

Marysville Power Plant operated until 2001, generating about 167 MW. The plant was later decommissioned in 2011.

Demolition on the 20-acre site will take place in phases and must be completed within two years.

Financial terms of the deal were not disclosed.

Subscribe to Power Engineering magazine

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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...