colstrip – Thinking Port

Ownership Shakeup at Colstrip Coal Power Plant

December 12, 2019 admin avista, Business, Coal, colstrip, news, northwestern energy, O&M, power plant, pse, puget sound energy, transaction

Credit to Author: Aaron Larson| Date: Thu, 12 Dec 2019 14:31:23 +0000

The post Ownership Shakeup at Colstrip Coal Power Plant appeared first on POWER Magazine.

NorthWestern Energy said it will file an application with the Montana Public Service Commission for pre-approval to acquire Puget Sound Energy’s (PSE’s) 25% interest in Colstrip Unit 4, which is a 740-MW coal-fired boiler. The price? $1. “Securing more capacity for only a $1 investment is a unique opportunity that helps give us the time […]

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In a Surprise Announcement, Colstrip Units 1 and 2 to Close by Year-End

June 12, 2019 admin Business, closure, Coal, colstrip, Environmental, Markets, news, plant, power, puget sound energy, retirement, talen montana, workforce

Credit to Author: Aaron Larson| Date: Wed, 12 Jun 2019 23:29:40 +0000

Talen Montana—part-owner and operator of the Colstrip Steam Electric Station—announced that Units 1 and 2 at the coal-fired power plant will be retired by year-end, well ahead of a previously announced July 2022 closure date. “The decision to retire Colstrip Units 1 and 2 comes after extensive review and exhaustive efforts over the last few […]

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Westmoreland Coal Emerges From Chapter 11 Bankruptcy

March 17, 2019 admin Business, Coal, colstrip, Legal & Regulatory, martin purvis, Montana, news, rosebud mine, westmoreland coal company

Credit to Author: Darrell Proctor| Date: Sun, 17 Mar 2019 16:56:56 +0000

Westmoreland Coal Company, the nation’s largest independent coal producer, announced March 15 that it has emerged from Chapter 11 bankruptcy and will operate as a new, privately held company. The company, headquartered in Englewood, Colorado, near Denver, said its assets, including three mines in Montana, are now owned and operated by Westmoreland Mining LLC, a […]

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Colstrip Power Plant Threatened by Westmoreland Bankruptcy

January 30, 2019 admin Business, Coal, coal mine, colstrip, courts, Environmental, finance, Fuel, fuel contract, Legislative, Markets, news, power, power plant, rosebud, westmoreland

Credit to Author: Aaron Larson| Date: Wed, 30 Jan 2019 19:40:29 +0000

The Colstrip Power Plant, a four-unit, 2,094-MW coal-fired station located about 100 miles east of Billings, Montana, could see its coal supply contract nullified as a result of Westmoreland Coal Co.’s Chapter 11 bankruptcy reorganization. Westmoreland operates the 25,000-acre Rosebud coal mine, among others. Rosebud is adjacent to the Colstrip plant and supplies almost all […]

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Nation’s Oldest Independent Coal Producer Files Bankruptcy

October 10, 2018 admin Business, Coal, coal company bankruptcy, colstrip, Legal & Regulatory, mines, Montana, news, talen energy, westmoreland coal

Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for […]

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