Dual sales to Evergy Missouri West and the
Missouri Electric Commission complete transition to local
ownership
COLUMBIA, Md., June 17,
2024 /PRNewswire/ -- Kelson Energy is pleased to
announce that it has completed the sale of the Dogwood Energy
Facility with a pair of recent transactions. The Dogwood Energy
Facility is a 675 MW natural gas-fired combined cycle generating
facility located in Pleasant Hill,
Missouri. Evergy Missouri West closed on the purchase of a
22.2% share of the facility on April 24,
2024, and the Missouri Electric Commission closed on the
purchase of an 11.7% share of the facility on May 31, 2024.
"The Dogwood Energy Facility provides dependable, dispatchable
generation needed to support the region's increased reliance on
renewable resources", said Neal
Cody, President of Kelson Energy.
"The completion of these two transactions concludes the
transition of the facility to 100% local ownership by Missouri and Kansas utilities," said Robert Janssen, Senior Vice President of Kelson
Energy.
White & Case served as legal advisor for these
transactions.
About Kelson Energy
Kelson Energy is an independent management company that was
founded in 2002 to focus on the U.S. electric power industry.
Kelson provides owners and investors with a well-respected and
fully capable management team for long- and short-term assignments.
Please visit www.kelsonenergy.com
View original
content:https://www.prnewswire.com/news-releases/kelson-energy-completes-sale-of-the-675-mw-dogwood-energy-facility-302174535.html
SOURCE Kelson Energy LLC