The Federal Energy Regulatory Commission signed off Rocky Mountain Power LLC's proposed sale of its struggling 107-MW Hardin power plant to a subsidiary of Big Horn Datapower Holdings LLC.
Rocky Mountain Power wanted to either close or sell the coal-fired plant because it has been losing money since 2014. The Hardin plant was built in Big Horn County, Mont., in 2006, and is interconnected to the transmission system owned and operated by NorthWestern Corp.
Rocky Mountain Power is a subsidiary of Heorot Power Holdings LLC, which has its controlling interests held by investment funds managed or advised by Blackstone Group LP affiliate GSO Capital Partners LP.
Big Horn Datapower is owned by a private individual. (FERC docket EC19-41)