hopi – Thinking Port

Companies End Effort to Buy Navajo Generating Station

September 21, 2018 admin Arizona, arizona public service, avenue capital, bureau of reclamation, Business, Coal, hopi, middle river power, navajo, Navajo Generating Station, news, nv energy, tucson electric power

The companies negotiating to purchase the largest coal-fired power plant in the southwestern U.S. have ended their pursuit, which means the 2,250-MW Navajo Generating Station (NGS) near Page, Arizona, remains scheduled to close by year-end 2019. Avenue Capital, a New York-based global investment firm focused on distressed assets, and Chicago-based Middle River Power on September […]

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Potential Navajo Station Operator—Less Capacity Equals More Profit

August 16, 2018 admin arizona public service, avenue capital, bureau of reclamation, Business, center arizona project, Coal, Gas, hopi, interior department, middle river power, natural gas, navajo, navajo generating, navajo nation, news, nv energy, peabody energy, tucson electric power

The possible new operator of the largest coal-fired power plant in the western U.S. told Arizona regulators this week the company would run the Navajo Generating Station (NGS) at less than half its installed generation capacity in order to maintain profitability. An official for Illinois-based Middle River Power (MRP) also said the plant would operate […]

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