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Complete Energy Holdings Reaches Agreement to Acquire Majority Interests in Batesville Generating Facility.


HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy


The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry;
 -- Complete Energy Holdings, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 ("Complete Energy") announced today that one of its wholly-owned subsidiaries has signed a definitive agreement to purchase the equity partners' majority interests in the Batesville Batesville is the name of several places in the United States:
  • Batesville, Arkansas
  • Batesville, Indiana
  • Batesville, Maine
  • Batesville, Mississippi
  • Batesville, Ohio
  • Batesville, Texas
Batesville can also refer to the Batesville Casket Company.
 Electric Generating Facility. The Batesville facility is an 837-megawatt natural gas-fired three-unit combined-cycle generating facility located in Batesville, Mississippi Batesville is a city in Panola County, Mississippi, United States. The population was 7,113 at the 2000 census. Geography
Batesville is located at  (34.317809, -89.942626)GR1.
. The transaction is expected to be completed in January 2007, subject to certain regulatory approvals.

"As the owner/operator of the Batesville plant over the last two and a half years, we've seen first-hand that this is a well-engineered facility with a well-qualified workforce. We continue to believe there is significant upside potential Upside potential

The amount by which analysts or investors expect the price of a security may increase.


upside potential

The potential price or gain that may be expected in a security or in a security average, generally stated as the dollar
 in this project, and we are excited about completing this transaction," said Lori Cuervo, Managing Director of Complete Energy.

Complete Energy, along with its equity partners, purchased interests in the Batesville plant from NRG Energy NRG Energy, Inc. (NRG) is a wholesale power generation company founded in 1989, which has an ownership interest in 47 power generating facilities around the world. The diverse portfolio of facilities, are primarily in the Northeast, South Central and Western regions of the United  Inc. in August 2004.

ABOUT COMPLETE ENERGY

Complete Energy is an acquirer, owner and operator of power generation assets. It is led by industry veterans Lori Cuervo, Peter Dailey and Hugh Tarpley. Complete Energy is actively seeking to acquire other merchant and contracted power plants currently being divested by utilities, independent power producers, and financial institutions.

For more information, visit www.complete-energy.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 11, 2006
Words:200
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