Power Group Online Article |  | |
12 March 2007 -- DTE Energy Services, Inc. (DTEES), an affiliate of DTE Energy, has agreed to sell an 80-MW combustion turbine generator to Indianapolis Power & Light Co. (IPL).
With the acquisition of Georgetown 4, IPL will own two of the four units that comprise the Georgetown facility located in Indianapolis. IPL has operated all four units since commercial operation began in 2000 and 2001. IPL also has agreed to purchase the power output from Georgetown 4 for the summer cooling months -- May through September -- to meet the needs of its customers before the sale of the unit is completed.
DTEES develops, owns, builds and operates energy projects in the merchant power sector and for large industrial, commercial and institutional customers.
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