Complete Energy selling power plant
Since August 2004, Complete Energy has owned and operated the Batesville Generating Facility, which it acquired from NRG Energy Inc.
"We have benefited from improving operational and commercial performance at both plants, in large part due to the efforts of the experienced staff at the facilities," said Peter Dailey, managing director of Complete Energy. "We also believe that the commodity market has improved since we purchased the assets."
The plant employees will remain at the facilities after the close of the transaction, which is expected to close at the end of the third quarter, subject to regulatory approvals.
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