OCC Approves PSO's Acquisition of Green Country Plant, Powering Oklahoma's Energy Needs
- 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
- None.
The OCC's approval marks a step forward in PSO's commitment to deliver affordable and reliable energy to its customers while supporting
"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
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
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