SMEPA buying interest in Kemper County plant
HATTIESBURG — South Mississippi Electric Power Association will buy a 17.5 percent stake in Mississippi Power Co.’s coal-fired, electric-generating plant in the Kemper County.
The Hattiesburg-based power association announced the decision yesterday.
SMEPA general manager/CEO Jim Compton says in a statement that the association needs new generating capacity to meet its growing power demand in south Mississippi. He says the Kemper County plant would provide that.
SMEPA provides wholesale power to its 11 member-owned electric power associations serving 406,000 homes and businesses in 56 counties.
The proposed 582-megawatt plant is expected to begin generating power by 2014, according to Mississippi Power.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Palmertree blocked from using public funds for legal defense
- Two companies fined for violations of 'No-Call' law
- Report: Mississippi only state to see drop in home prices
- District at Eastover takes shape with financing in place, tenant signings under way
- States settle with manufacturers in DRAM price-fixing case
- John Ferrucci'a perfect voice is perfect for the Silver Slipper Casino
- City suing Hercules for pollution at shuttered plant site
- Pickering collects more money from failed beef plant project
- Ex-Democrat Taylor cleared to run in primary as Republican
- Rankin chosen as new president of Alcorn State