Tuesday August 12th, 2025 3:11PM

Aquila sells 12 power plants to Teton Power

By The Associated Press
<p>Aquila Inc. said Monday it has completed the sale of 12 power plants to Teton Power Funding.</p><p>The power plants _ in California, Florida, Georgia, Maine, New York, Washington and Jamaica _ are part of Aquila's residual energy trading business. The Kansas City-based energy company announced in 2002 that it would exit that business and return to its roots as a domestic utility.</p><p>Aquila received about $257 million for the plants from Teton Power, an affiliate of Boston-based ArcLight Capital Partners LLC.</p><p>Aquila provides electricity and natural gas to customers in Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, Michigan and Canada. The company also owns and operates power plants not included in the deal with Teton Power.</p><p>___</p><p>On the Net:</p><p>HASH(0x2868224)</p>
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