Exelon Buys NatGas Power Plant For $305M

Exelon will acquire a combined-cycle natural gas-fired power plant in north Texas for $305 million. Sequent Wolf Hollow is selling the power plant.

Exelon will acquire a combined-cycle natural gas-fired power plant in north Texas for $305 million. Sequent Wolf Hollow is selling the power plant.

Barclays Capital was appointed as the financial advisor to Exelon. The Wolf Hollow acquisition is expected to be completed in the third quarter of 2011.

Click here for the release from Business Wire.