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NRG Buys New York Generating Units

NRG Buys New York Generating Units

NRG Energy, a wholly-owned subsidiary of Northern States Power, said it has completed the acquisition of Arthur Kill Station and the Astoria Gas Turbine Sites totaling 1,456 MW of generating capacity from Consolidated Edison Co. of New York The 842-MW Arthur Kill Generating Station, located on Staten Island, includes two steam generating units designed to burn gas and oil, as well as a "black start" gas turbine. The 614-MW Astoria Gas Turbine Sites, located in Queens, consist of 20 gas turbines, grouped into 11 units. NRG holds 100% interest in the projects.

Earlier this month NRG was successful in the 1,360-MW acquisition of the Dunkirk and Huntley generating stations from Niagara Mohawk Power. NRG plans to complete the acquisition of another Niagara Mohawk plant, the 1,700 MW Oswego Generating Station in Oswego,NY, later this year. The Oswego acquisition will bring NRG net equity ownership of more than 5,000 MW in the Northeast United States.

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