Dynegy Closes on Brayton Point Sale
January 22 2018 - 5:55AM
Business Wire
Dynegy Inc. (NYSE: DYN) has completed the sale of its 307-acre
site of the former Brayton Point Power Station in Somerset, Mass.
to Commercial Development Company, Inc.
The previously disclosed transaction includes Commercial
Development Company’s assumption of environmental responsibilities
associated with the site. The Brayton Point facility was one of 10
power generation facilities purchased by Dynegy from Energy Capital
Partners in April 2015. The decision to retire the 1,488-megawatt,
coal-fueled facility, which was commissioned in 1963, was made
prior to Dynegy’s purchase of the facility. The plant ceased
operations at the end of May 2017.
About Dynegy
Throughout the Northeast, Mid-Atlantic, Midwest, Texas, and
California, Dynegy operates more than 27,000 megawatts (MW) of
power generating facilities capable of producing enough energy to
supply more than 23 million American homes. Through our retail
business, we serve 1.2 million customers who depend on reliable,
affordable energy to grow and thrive.
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Dynegy Inc.Media:Dean Ellis, 713-767-5800orAnalysts:
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