Southern Co switches on 100-MW biomass power plant in Texas
Jul 18, 2012 - US energy provider Southern Co (NYSE:SO) today officially put in operation its 100-MW biomass power plant in the county of Nacogdoches, eastern Texas.
The some-USD-500-million (EUR 408.3m) Nacogdoches Generating Facility will process non-merchantable wood waste to produce power. It will sell the output to local community-owned utility Austin Energy under a 20-year power purchase agreement (PPA). The plant will yield USD 58 million in taxes to the county for 20 years, Southern Co estimates.
Southern Power, a unit of Southern Co, acquired the project from American Renewables in October 2009, commenced construction in November 2009 and put the plant in operation on schedule, Southern Co said. The company added that the plant was part of its strategy to develop a diversified energy portfolio including, renewables, natural gas, coal, nuclear and energy efficiency.