Vistra Expands Nuclear Portfolio in $3.4 Billion Deal for Energy Harbor

Credit to Author: Darrell Proctor| Date: Mon, 06 Mar 2023 22:07:34 +0000

Texas-based energy company Vistra Corp. is adding to its nuclear power generation capacity. The group on March 6 announced it would buy Ohio-based Energy Harbor Corp. in a $3.4 billion deal that includes ownership of three nuclear power stations. The transaction includes $3 billion in cash, with Energy Harbor shareholders receiving a 15% stake in […]

The post Vistra Expands Nuclear Portfolio in $3.4 Billion Deal for Energy Harbor appeared first on POWER Magazine.

Read more

140 Workers Cut Permanently with Sammis Coal Plant Closure

Credit to Author: Aaron Larson| Date: Thu, 19 Jan 2023 15:47:09 +0000

Workers at the W.H. Sammis coal-fired power plant have been notified that a mass layoff will begin “sometime between March 14, 2023, and April 14, 2023.” The announcement was made public through a letter Energy Harbor Corp., owner of the plant, sent to the Ohio Department of Job & Family Services, as required under the […]

The post 140 Workers Cut Permanently with Sammis Coal Plant Closure appeared first on POWER Magazine.

Read more

Ohio Utility Says Two Coal Plants Could Close Next Year

Credit to Author: Darrell Proctor| Date: Tue, 15 Mar 2022 18:55:55 +0000

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously expected. Akron-based Energy Harbor made the announcement March 14. The company in a news release said it wants to be a carbon-free power generator by the end of […]

The post Ohio Utility Says Two Coal Plants Could Close Next Year appeared first on POWER Magazine.

Read more

Ohio Utility Says Two Coal Plants Could Close Next Year

Credit to Author: Darrell Proctor| Date: Tue, 15 Mar 2022 18:55:55 +0000

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously expected. Akron-based Energy Harbor made the announcement March 14. The company in a news release said it wants to be a carbon-free power generator by the end of […]

The post Ohio Utility Says Two Coal Plants Could Close Next Year appeared first on POWER Magazine.

Read more