But now another one:
A Koch Energy Services LLC unit will buy a natural gas-fired power plant in Texas, the company said on Tuesday, confirming that the purchase of the 1,055-megawatt Odessa Power plant from an affiliate of Energy Capital Partners LLC will be the Koch unit's first foray into the power generation market.
Koch Energy Services itself is a unit of Koch Industries Inc one of the largest privately held companies in the United States. The plant is near the Permian Basin of West Texas where energy companies tapping into tight deposits of oil and gas have a growing and voracious appetite for electricity.There are several story lines in this short article:
- fossil fuel, not renewable energy
- Permian Basin
- first foray
- voracious appetite for electricity
- tight deposits
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