July 28, 2008

East Texas Electric Cooperative Moves Forward With New Peaking Plants, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- The East Texas Electric Cooperative (ETEC) will soon relocate four natural-gas-fired General Electric (NYSE:GE) combustion turbine generators from the Warren Power Project in Mississippi to two new plants in Texas. ETEC currently owns 25% of the Warren Power Project, while the remaining 75% is owned by Warren Power LLC, an affiliate of Entergy Services Incorporated, a subsidiary of Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana). Commercial operation of the plant is expected to cease after the summer peak season this year, and the plant will begin to be dismantled in October. Construction on the two new Texas plants will begin in fall of this year. Wood Group Power Solutions, a subsidiary of Wood Group plc (LON:WG) (Aberdeen, Scotland), will provide construction services.

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SOURCE: Industrial Info Resources