Tue Jul 1, 2008 11:04am EDT
LONDON, July 1 (Reuters) - Oil major BP Plc (BP.L: Quote, Profile, Research, Stock Buzz) said on Tuesday it had agreed to buy the Whiting Clean Energy power plant in Indiana in the United States for $210 million from Nisource Inc (NI.N: Quote, Profile, Research, Stock Buzz).
The 525 megawatt natural-gas fired combined-cycle cogeneration power plant provides steam for BP's Whiting refinery, and gives BP the opportunity to sell lower-carbon power into the local power market, BP said in a statement. (Reporting by Mike Elliott; Editing by David Cowell)
Tuesday, July 1, 2008
BP buys U.S. clean energy power plant for $210 mln
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