OGE Energy to acquire 360 MW coal-fired generation facility
Clients OGE Energy Corp.
Jones Day is advising Oklahoma Gas and Electric Company, a subsidiary of OGE Energy Corp. in the purchase of a 360 MW coal-fired generation facility and associated equipment from AES Shady Point, LLC. This facility is located in Oklahoma and is being acquired via an asset purchase agreement. The acquisition of this facility will bolster Oklahoma Gas and Electric Company's generation fleet in Oklahoma.