Along with other utilities in the Electric Reliability Council of Texas (ERCOT) region, Bryan Texas Utilities (BTU) continues to monitor the financial issues and discussions surrounding the recent historic winter weather event as it affected the energy market. While there are financial settlements still to be resolved in ERCOT and the situation changes daily, BTU […]
Bryan Texas Utilities (BTU) is pleased to announce the completion of the sale of the Texas Municipal Power Agency’s (TMPA) Gibbons Creek Steam Electric Station, Reservoir and surrounding property to Charah® Solutions, Inc. The Gibbons Creek Station was constructed in 1982 to provide wholesale energy to the TMPA member cities of Bryan, Denton, Garland and Greenville. The plant was retired in 2018, as it was no longer economical to operate. The TMPA board and the four member cities approved the sale in a series of board meetings and city council meetings held throughout January 2021.
The transference of Gibbons Creek and all its assets is advantageous to BTU customers by eliminating further costs associated with remediation of the property. “We are very pleased that this sale has been finalized. BTU customers will benefit from this transaction for many years to come due to lower cost expenditures on the TMPA site,” said BTU General Manager Gary Miller.
As a leading provider of environmental services to the power generation industry with 30 years of experience, Charah® Solutions, Inc., through its subsidiary, the Gibbons Creek Environmental Redevelopment Group, LLC (GCERG), will perform all necessary remediation and plans to redevelop the property to the benefit of the surrounding community. For more information regarding GCERG’s plans for the Gibbons Creek redevelopment, see their press release.