NextEra completes sale of 583 MW natural gas-fired power plant to Entergy

Source: NextEra Energy Resources, LLC 

Natural gas-fired Rhode Island State Energy Center (RISEC), located in Johnston, R.I., NextEra Energy Resources, LLC, the competitive energy subsidiary of NextEra Energy, Inc. (NYSE: NEE), announced that its subsidiaries have completed the sale of their ownership interest in the approximately 583-megawatt natural gas-fired Rhode Island State Energy Center (RISEC), located in Johnston, R.I. , to subsidiaries of Entergy Corporation for approximately $346 million , subject to customary closing adjustments. 

RISEC recently completed work with Siemens to uprate its combustion turbines, increasing the facility's nominal capacity to approximately 583 megawatts from 550 megawatts. A NextEra Energy Resources affiliate will operate RISEC for an initial period of one year under a service contract. 

NextEra Energy Resources continues to own and operate a diverse mix of clean generating assets in 22 states and Canada , with a combined capacity of more than 16,520 megawatts. 

For the most up to date and in-depth information on the Gas Generation market visit PennEnergy's comprehensive Research area to access industry focused Reports.

 



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

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...

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 ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs