Sunday, August 30, 2015
Current Weather
Loading Current Weather....
Published: Monday, 5/12/2008

Wood County power plant sold in deal


OMAHA, Neb. An Ohio power plant is one of four being sold by Nebraska company to a London company for $856 million.

The Troy Energy plant in Wood County is being sold along with plants in Pennsylvania, West Virginia and Illinois.

Tenaska Capital Management announced the sale of the plants Monday to London-based International Power.

The sales are expected to close by the end of the third quarter.

International Power CEO Philip Cox says the plants are in attractive markets covering several states where demand is expected to increase.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.