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Brazos Electric Power Cooperative Inc. has agreed to buy more than 40 percent of the power generated at a proposed Central Texas coal-fired plant in a deal that will enable developers to break ground on the project later this year, officials said.

The Waco-based electric co-op said Tuesday that it plans to purchase 375 MW of power from Dynegy Inc.'s Sandy Creek Energy Station, a 900-MW plant to be built near Riesel, 15 miles southeast of Waco.

The plant will use coal from the Powder River Basin in Wyoming and is expected to open for business in 2012.

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