Buyer found for Montana coal-fired power plant
BILLINGS, Mont. (AP) — The Federal Energy and Regulatory Commission has approved plans by Rocky Mountain Power to sell its coal-fired power plant in southern Montana to Big Horn Datapower Holdings LLC.
The Billings Gazette reports that the price of the transaction for the plant in Hardin was not disclosed.
Little is known about Big Horn Datapower Holdings, which isn’t registered as a corporation in Montana.
As recently as last year, the power plant was at risk of shutting down for lack of customers. Montana’s Public Service Commission had suggested Hardin Generating Station might be of use to NorthWestern Energy, the state’s largest monopoly utility. But NorthWestern passed on the opportunity.
A downturn in the demand for coal energy left the plant owing millions in back taxes and later announcing potential closure by mid-2018.
Information from: The Billings Gazette, http://www.billingsgazette.com