Proposed Sale of Niagara Falls Generation Facility Announced

Green Bay, Wisconsin [] WPS Resources Corporation announced that its nonregulated subsidiary, WPS Energy Services, Inc., has agreed to sell WPS Niagara Generation, LLC to a subsidiary of US Renewables Group, LLC for $30.2 million. WPS Niagara Generation owns the 53-megawatt Niagara Falls generation facility located in the Niagara Mohawk Frontier region in Niagara Falls, New York. The sale is subject to certain working capital and other post-closing adjustments. The proposed sale is subject to Federal Energy Regulatory Commission and New York State Public Service Commission approvals. Closing is expected in the first quarter of 2007.
Previous articleDuPont Microcircuit Materials Receives Service Award from Q-Cells
Next articleGE Energy Supplies Jenbacher Engines for Energy Park

No posts to display