US energy company NextEra Energy has agreed to sell its stakes in two gas-fired power plants in Texas (United States) to an affiliate of Energy Future Holdings (EFH) for a total consideration of US$1.59bn. NextEra Energy will sell its 1,912 MW Forney Energy Center gas-fired power plant in Forney commissioned in 2003 and the 1,076 MW Lamar Energy Center gas-fired power plant located in Paris, that began commercial operation in 2000. A NextEra Energy Resources’ affiliate will continue to operate both of the facilities included in the sale for an initial period of up to one year. The transaction is expected to close in the first quarter of 2016, pending the receipt of necessary regulatory approvals and satisfaction of other customary closing conditions.
Following the closing of the sale, NextEra Energy Resources will continue to own and operate a diverse mix of clean generating assets in 25 states, including Texas, and Canada, with a combined capacity of approximately 17,000 MW.
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