By OGJ editors
HOUSTON, May 2 -- Another gas-fired power plant will serve the US Midwest by mid-2003. Mid-American Energy Co. will build the 540-Mw plant in Pleasant Hill, Iowa, near Des Moines, in a project estimated to cost $368 million.
Dave Neubauer, vice-president for business development and marketing at Northern Natural Gas Co., subsidiary of Houston-based Dynegy Inc., announced the project and the transportation agreement that will underpin it at this week's 12th Annual NESA Energy Expo in Houston.
The contract calls for Northern Natural to provide 96,000 decatherms/day (96 MMcfd) of firm gas transportation service.
Northern Natural provides transportation and storage services and cross-haul and grid transportation between other interstate and intrastate pipelines in the Permian, Anadarko, and Hugoton basins and elsewhere in the Midwest.
Dynegy assumed ownership of Northern Natural on Jan. 31, after it exercised its rights to acquire its common equity from Enron Corp. after termination of its merger agreement with Enron. Enron maintains until June 30 the option to repurchase the pipeline from Dynegy and is providing transition services related to the pipeline through the end of the repurchase period, said Northern Natural.
Photo from Trans Mountain.
US Government Accountability Office.
