Minnesota regulators on Thursday approved the transfer of a key permit necessary for a financially troubled coal-fired power plant in North Dakota to be sold to a Bismarck-based marketer of wholesale electricity.
The Minnesota Public Utilities Commission voted 5-0 to approve the sale in the last big hurdle for the controversial deal to offload its massive North Dakota coal plant.
Minnesota co-ops to vote on North Dakota power plant sale sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
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Bismarck company buys North Dakota coal-fired power plant
By JAMES MacPHERSONJune 30, 2021 GMT
BISMARCK, N.D. (AP) A Bismarck energy marketer that sells wholesale electric power announced Wednesday it will purchase North Dakota’s largest coal-fired power plant from a Minnesota company that had intended to close it if a buyer could not be found.
Rainbow Energy Center LLC said it reached an agreement to acquire the Coal Creek Station in west-central North Dakota from Maple Grove, Minnesota-based Great River Energy. The acquisition also includes the purchase of associated transmission lines that run from central North Dakota to Minnesota by Nexus Line LLC, an affiliate of Rainbow Energy.