FERC okays Nevada Power buy of rest of 520-MW Silverhawk plant

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.

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.