The Federal Energy Regulatory Commission on Aug. 4 approved an April 27 application from Nevada Power to let it acquire a 25% ownership interest in the Silverhawk Generating Facility from the Southern Nevada Water Authority (SWNA).
SWNA is a wholesale water supplier that delivers water through seven municipal member agencies. Nevada Power currently owns 75% of the Silverhawk Facility and, through contractual arrangements with SWNA, controls 100% of the Silverhawk Facility’s output.
Under the Purchase and Sale Agreement Nevada Power will acquire SNWA’s 25% interest in the Silverhawk Facility, a 520-MW natural gas-fired plant located near Apex, Nevada, and interconnected to the Nevada Power transmission system. Following the closing of this transaction, Nevada Power said it will own and continue to control 100% of the output from the Silverhawk Facility.