Landfull Gas Assets Sold for $28 Million

[] Reliant Energy has reached an agreement to sell its landfill-gas fueled power plants, totaling approximately 30 MW, to Viridis Energy Capital for $28 million. The agreement calls for Reliant to purchase power generated at the facilities as well as the renewable energy credits for a term of five years. The six plants that are the subject of the sale are located at landfills in the Houston area. The sale is expected to close in the second quarter.
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