Sithe adds 21 Mid-Atlantic plants: Sithe Energies Inc. purchased 21 non-nuclear power generating plants (total 4,276 MW) from GPU Inc. - POWERGRID International/Electric Light & Power


Sithe adds 21 Mid-Atlantic plants: Sithe Energies Inc. purchased 21 non-nuclear power generating plants (total 4,276 MW) from GPU Inc.


Sithe adds 21 Mid-Atlantic plants: Sithe Energies Inc. purchased 21 non-nuclear power generating plants (total 4,276 MW) from GPU Inc. for $1.67 billion. The transaction more than doubles the company`s North American generating capacity to a total of 8,074 MW. The newly acquired plants include 16 in Pennsylvania (2,743 MW), four in New Jersey (1,515 MW) and one 18 MW facility in Maryland. The transaction includes the purchase of GPU`s interests in two 1,711 MW stations in Pennsylvania, which Sithe will also manage and operate.

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