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Monday, June 6, 2011

Constellation Energy Terminates Agreement to Sell Quail Run Plant in West Texas

- Constellation Energy Terminates Agreement to Sell Quail Run Plant in West Texas



Jun 6, 2011

Constellation Energy Group (CEG) today announced it has terminated an agreement to sell the 550-megawatt Quail Run natural gas plant in West Texas to High Plains Diversified Energy. The agreement was first announced in December.

With the termination of the sale agreement, CEG will retain ownership of the plant, which provides power to the west zone of the Electricity Reliability Council of Texas (ERCOT). Quail Run will provide energy to support customers in West Texas, including those served by StarTex Power, a Houston retail electricity provider recently acquired by the company.

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