FirstEnergy Sells Energy Plant To AMP For $485M
The Sandusky, Ohio-based plant, known as the Fremont Energy Center, is a natural gas combined cycle generation plant. It has two natural gas turbines and a steam turbine capable of producing 544 megawatts of load-following capacity and 163 megawatts of peaking capacity, according to FirstEnergy.
The quoted $485 million sale price is based on the plant's 686 megawatts of output, but will be...
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