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FirstEnergy Generation completes sale of 152-MW Ohio plant


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FirstEnergy Generation completes sale of 152-MW Ohio plant

FirstEnergy Generation on July 31 closed the sale of its Bay Shore facility in Lucas County, Ohio, to Walleye Energy LLC, according to an Aug. 7 notice of completion.

The transaction also includes the sale of three retired coal-fired generation units and a circulating fluidized bed boiler.

The Bay Shore facility consists of the 136-MW Bay Shore unit 1 and the 16-MW oil-fired Bay Shore CT. Bay Shore unit 1's primary fuel is petroleum coke, according to S&P Global Market Intelligence data.

In July 2016, FirstEnergy Generation announced plans to sell or deactivate Bay Shore unit 1 by May 2020, citing difficult conditions in the PJM Interconnection market.

Walleye Energy is owned by ArcLight Capital Partners LLC and Olympus Power LLC. FirstEnergy Generation is a subsidiary of FirstEnergy Corp.

The Federal Energy Regulatory Commission cleared the transaction June 15. (FERC docket EC18-72)