Affiliate Of Texas Retail Provider Purchases Second Natural Gas Power Plant In ERCOT
July 11, 2023 Email This Story Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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BKV-BPP Power, LLC, a joint venture between BKV Corporation (BKV) and Banpu Power US Corporation, announced today that it has closed on the purchase, through its subsidiary Temple Generation Intermediate Holdings II, LLC, of the entity that owns the Temple II natural gas-fueled power plant, located in Temple, Texas (the "Temple II Power Plant").
The Temple II plant is an approximately 750 MW combined cycle facility
BKV-BPP Power, LLC, also owns and operates the Temple I Power Plant, a natural gas-fueled, combined cycle facility that sits on the same site as the Temple II Power Plant.
Robert Dowd, Managing Director of BKV-BPP, LLC, said, "We are very excited to be adding the Temple II facility to our asset base. The location alone provides excellent, synergistic opportunities for our growing Texas-based power business and will allow us to continue to deliver exceptional grid reliability for our customers while focusing on our industry-leading environmental standards."
BKV-BPP Power, LLC is affiliated with Texas retail electric provider BKV Energy which launched service earlier this year as previously reported