FERC Approves Southwest Generation’s Acquisition of Mankato Energy Center
The Federal Energy Regulatory Commission on June 24 authorized a transaction allowing Denver-based Southwest Generation Operating Company LLC to acquire the 760-megawatt Mankato Energy Center, a natural gas power plant, from Xcel Energy Inc. Xcel Energy purchased the facility from Southern Power for $650 million in January through a non-regulated affiliate after Minnesota regulators rejected…...