Castleton tells FERC a buy of the 1,160-MW Roseton plant is done

Two direct, wholly owned subsidiaries of Castleton Commodities International LLC (CCI) with market-based rate authority filed on May 30 with the Federal Energy Regulatory Commission a notification of a non-material change related to a recent buy of the Roseton power plant.

On April 30, CCI Roseton LLC, an affiliate of these CCI companies, consummated a transaction in which CCI Roseton acquired from Dynegy Roseton LLC an 1,160-MW (summer rating) oil- and natural gas-fired facility and associated interconnection facilities located in Newburgh, Orange County, N.Y. The CCI companies told FERC that this transaction does not result in a material change to any of the facts upon which the commission relied in granting them market-based rate authority.

CCI is an independent energy company that, through its wholly owned subsidiaries, owns and operates electric generation facilities and other energy assets, and engages in the marketing of physical energy commodities, including electricity, natural gas, and solid fuels, and related financial instruments.

  • Castleton Commodities Merchant Trading LP (CCMT) is an indirect, wholly owned subsidiary of CCI. CCMT is a power marketer authorized by the commission to sell electric energy, capacity and ancillary services at market-based rates. CCMT also engages in the buying and selling of natural gas and solid fuels.
  • CCI Rensselaer LLC is an indirect, wholly owned subsidiary of CCI. CCI Rensselaer is an exempt wholesale generation (EWG) that owns and operates a 77.4 MW (summer rating) natural gas-fired facility located in Rensselaer, N.Y. The commission has authorized CCI Rensselaer to sell electric energy, capacity and ancillary services at market-based rates.
  • CCI Roseton, is an indirect, wholly owned subsidiary of CCI. CCI Roseton is an EWG that, following consummation of the transaction, owns and operates the Roseton Generation Station. The commission has authorized CCI Roseton to sell electric energy, capacity and ancillary services at market-based rates.

 

As a result of the transaction, the CCI companies and their affiliate CCI Roseton own or control more than 500 MW of generation in the Northeast region. Accordingly, each of the CCI companies is a Category 2 seller in the Northeast region.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.