Buckeye Power is bucking the trend among national power producers, purchasing a coal plant to better ensure reliability for its member cooperatives.
After a partnership of more than 50 years with American Electric Power, the Columbus-based generation and transmission cooperative assumed full operations of the Cardinal Operating Plant in 2018.
When investor-owned AEP announced plans to close the only generation unit it owned of three units at the site, Buckeye Power sought acquisition of the facility to preserve its value as a power generation source serving 1 million electric co-op consumer-members in Ohio.
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