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Retail Supplier Completes Sale Of Fossil Generating Assets
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Energy Transition and Environmental Management LLC (ETEM), an affiliate of Hull Street Energy, LLC, said that it has completed a series of transactions with subsidiaries of Energy Harbor Corp. (collectively, Energy Harbor) designed to facilitate Energy Harbor's divestiture of fossil-fueled electric generating assets and associated liabilities.
On September 8, ETEM acquired the W.H. Sammis Power Plant, a 2,220 megawatt coal-fired power plant located in Stratton, Ohio (Sammis Station) and the Hollow Rock Landfill (Hollow Rock) from Energy Harbor. ETEM expects to demolish the structures, remediate environmental conditions at the Sammis Station and Hollow Rock, and, "repurpose the sites for next use as the power grid transitions to a reduced carbon footprint."
In December 2022, ETEM acquired the Pleasants Power Plant, a 1,280 megawatt coal-fired power plant located in Pleasants County, West Virginia from Energy Harbor (the Pleasants Station). In August 2023, ETEM sold the Pleasants Station to a California-based company that intends to retrofit the Pleasants Station to burn hydrogen gas produced at the site
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September 11, 2023
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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