Energy Future Holdings, which is in the last stages of selling off power generation and transmission assets in Texas, on Jan. 5 asked its bankruptcy court for approval to sell, for $4 million, an unused boiler sitting in part in a warehouse in Houston and in part at its Monticello Yard in Rusk County.
The prospective buyer is Prairie State Generating Co. LLC. Energy Future said this is the best sales price possible for this asset, exceeding an exeprt estimate of what it could be sold for. The sale motion is likely to be heard at a Jan. 26 hearing at the U.S. Bankruptcy Court for the District of Delaware.
The boiler was made by Babock & Wilcox. The sale price is to be paid installments between now and the end of 2020. Prairie State operates a coal-fired power plant in Illinois.
A buyer contact is: Prairie State Generating Co. LLC, 1739 New Marigold Road, Marissa, Illinois 62257, Attention: Tom Kordick, Vice President of Power Generation, fax (618) 295-1408.