Babcock & Wilcox Enterprises Inc. on June 2 received approval from the Federal Energy Regulatory Commission to sell its 100% stake in the 55-MW Ebensburg power facility to Ebensburg Generation LLC and Revloc Reclamation Service Inc.
The cogeneration plant burns waste coal to produce steam and electricity. The facility is located in Cambria County, Pa., within the PJM Interconnection LLC market.
The deal involves two sequential closings with Babcock & Wilcox affiliate Power Systems Operations Inc. selling Revloc Reclamation to Ebensburg Generation under the first closing, according to a FERC order.
The second part of the transaction involves Babcock & Wilcox and its affiliate Ebensburg Investors LP selling their 100% partnership interests in the Ebensburg plant to Ebensburg Generation and Revloc Reclamation. (FERC docket EC17-80)