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Coal Creek finalizes sale to Rainbow Energy

Nearly one year after the purchase agreement was first announced, the sale of Coal Creek Station has been completed. ....

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Rainbow Energy Center to purchase Coal Creek Station

(Underwood, ND) After 40 years serving Minnesota cooperative members, North Dakota’s largest and most efficient power plant will continue operations under local ownership.
Rainbow Energy Center LLC has reached an agreement to purchase Coal Creek Station from Great River Energy and operate the 1,151-megawatt power plant using current plant employees they hire.
Nexus Line LLC has reached an agreement to purchase the high voltage direct current transmission system that extends between central North Dakota and Minnesota from Great River Energy.
Rainbow Energy Center and Nexus Line are affiliates of Rainbow Energy Marketing Corporation of Bismarck, North Dakota.
The purchase of Coal Creek Station and the HVDC system is expected to close later this year, after required approvals are obtained. ....

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Rainbow Energy Center to purchase Coal Creek Station

Rainbow Energy Center to purchase Coal Creek Station
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