OCC Approves PSO's Acquisition of Green Country Plant, Powering Oklahoma's Energy Needs

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Rhea-AI Summary

The Oklahoma Corporation Commission (OCC) has approved Public Service Company of Oklahoma's (PSO) acquisition of the Green Country Power Plant, a 795 MW natural gas-fired generation facility in Jenks, Oklahoma. The purchase, scheduled to complete by July 2025, aims to enhance PSO's capacity to meet growing energy demands. The acquisition will strengthen PSO's generation portfolio and improve grid reliability. The deal is expected to boost local economic development through increased ad valorem tax revenue, which will support Tulsa County schools and public services. PSO President Leigh Anne Strahler emphasized the positive impact this acquisition will have on customer service and energy stability.

Positive

Acquisition of 795 MW natural gas-fired generation facility enhances power generation capacity
Increased ad valorem tax revenue will benefit local schools and public services
Strengthens grid reliability and energy stability for customers
Regulatory approval received from Oklahoma Corporation Commission

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06/05/2025 - 06:00 AM EDT

TULSA, Okla., June 5, 2025 /PRNewswire/ -- The Oklahoma Corporation Commission (OCC) has approved the Public Service Company of Oklahoma's (PSO) purchase of the Green Country Power Plant, a 795 MW natural gas-fired generation facility located in Jenks, Oklahoma. This acquisition, set to be finalized by July 2025, will enhance PSO's capacity to meet the rising energy demands of its customers.

The OCC's approval marks a step forward in PSO's commitment to deliver affordable and reliable energy to its customers while supporting Oklahoma's economic development. Bringing the Green Country Power Plant into PSO's generation portfolio strengthens PSO's ability to provide stable, secure power to customers.

"We recognize the strong leadership from the Oklahoma Corporation Commission and the open and collaborative process that enabled a positive result for our customers," said Leigh Anne Strahler, President of PSO. "Through this purchase, we are adding energy stability and reliability for the communities we serve."

Beyond strengthening grid reliability, the purchase is expected to generate substantial local benefits. Increased ad valorem tax revenue from the facility will directly support Tulsa County schools, public services, and job creation—further reinforcing PSO's commitment to the communities it serves.

About PSO

PSO, a unit of American Electric Power (Nasdaq: AEP), is an electric utility company serving nearly 575,000 customer accounts in eastern and southwestern Oklahoma, powering a cleaner, brighter energy future for its customers and 232 communities. Based in Tulsa, PSO has approximately 4,400 megawatts of diverse generating capacity that primarily includes wind and natural gas. It maintains and operates more than 20,000 miles of distribution lines and 3,800 miles of transmission lines and is one of the largest distributors of wind energy in the state. Public Service Company of Oklahoma was recognized by the Edison Electric Institute with an Emergency Response Award in January 2025. Find news releases and other information at www.PSOklahoma.com. Connect with us on Facebook, X (formally Twitter), NextDoor and Instagram @PSOklahoma.

View original content to download multimedia:https://www.prnewswire.com/news-releases/occ-approves-psos-acquisition-of-green-country-plant-powering-oklahomas-energy-needs-302473948.html

SOURCE American Electric Power

FAQ

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What is the capacity of the Green Country Power Plant that AEP's PSO is acquiring?

The Green Country Power Plant is a 795 MW natural gas-fired generation facility.

When will PSO complete the acquisition of Green Country Power Plant?

The acquisition is set to be finalized by July 2025.

Where is the Green Country Power Plant located?

The Green Country Power Plant is located in Jenks, Oklahoma.

How will the Green Country Power Plant acquisition benefit the local community?

The acquisition will generate increased ad valorem tax revenue that will support Tulsa County schools, public services, and job creation.

Who approved PSO's purchase of the Green Country Power Plant?

The Oklahoma Corporation Commission (OCC) approved the acquisition.

OCC Approves PSO's Acquisition of Green Country Plant, Powering Oklahoma's Energy Needs