On Aug. 26, Dairyland Power Cooperative, announced it entered into a purchase agreement to acquire the RockGen Energy Center, a 503 megawatt (MW) natural gas power plant located in Cambridge, Wis. The acquisition is subject to customary conditions, including regulatory approvals and is expected to close by the end of 2021.
“RockGen will help meet our members’ power supply needs as we transition to more renewable resources,” said Brent Ridge, president and CEO. “Safely delivering reliable and sustainable electricity to our members is critical as we continue to diversify Dairyland’s energy portfolio and lower carbon intensity. With the closing of our coal-fired Genoa Station #3 this year, the availability of this existing, low-cost and reliable facility in Wisconsin is both timely and a good strategic fit for our power supply portfolio.”
Jo-Carroll Energy, Elizabeth, is a member of Dairyland Power Cooperative.