SRP agrees to $13M deal to shut coal plant

Screen Shot 2015-05-15 at 7.39.02 AMBy Ryan Randazzo, The Republic |

Salt River Project officials on Thursday approved the $10 million purchase of the Los Angeles share of the embattled Navajo Generating Station coal-fired power plant in northern Arizona.

The purchase will help facilitate the eventual closure of one of the three generators at the plant to comply with Environmental Protection Agency regulations.

SRP also will spend about $2.88 million on the deal to prepay for coal expenses related to the plant, and transfer to LADWP its property and transmission assets associated with the closed Mohave Generating Station.


Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories