Duke sells part-built power plant to Nevada Power

- Joe Marsh
- 18 Oct 2004

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Nevada Power will finance the purchase through a combination of a $250 million three-year revolving loan, long-term debt and internally generated funds. The total cost of acquiring and completing the facility will be $558 million, said the company, which is a subsidiary of Nevada-based Sierra Pacific Resources.

The merchant natural gas-fired plant – in the Moapa Valley, near Las Vegas – should be fully operational by summer 2006, said Nevada Power.

Fred Fowler, president and chief operating

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You already have an account with us*. Sign in below to continue.

Duke sells part-built power plant to Nevada Power

Sorry, our subscription options are not loading right now

Register

You are currently on corporate access.