Colstrip power plant gets new operator as PPL spins off Montana assets

MATTHEW BROWN, Associated Press

Colstrip power plant gets new operator as PPL spins off Montana assets

BILLINGS, Mont. (AP) — The longtime operator of one of the largest coal-fueled power plants in the West has completed a spin-off of assets that include the 2,000-megawatt Colstrip Generating Station in southeastern Montana.

Pennsylvania-based PPL Corp. on Monday announced it had spun off subsidiary PPL Montana and assets elsewhere as the company seeks to focus on more reliable markets.

Colstrip will be controlled by the newly created Talen Energy Corp., also based in Pennsylvania. The 360-worker Montana plant serves wholesale and industrial customers across the Pacific Northwest.

Along with the plant, Talen is taking on some less-desirable baggage: Leaking coal-ash ponds that polluted groundwater sources around Colstrip and the dismantling of Billings' recently-closed J.E. Corette coal plant.

Spokesman David Hoffman says Talen has the financial resources to deal with those issues.

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


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