You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Dominion sells Brayton Point Power Station

Dominion, a Virginia-based energy company, closed its deal to sell the Brayton Point Power Station in Somerset and two Illinois plants to Energy Capital Partners, a private equity firm with offices in New Jersey and California.

Energy Capital Partners paid $472 million for the three properties, said Dan Genest, a Dominion spokesman. Dominion would not disclose the sale price of Brayton alone.

Continue reading below

The sale is part of Dominion’s strategy to exit the merchant power business, in which generators sell electricity in competitive markets, to focus on its regulated utility holdings.

Dominion had owned the coal-fired, 1,528-megawatt Brayton power station since 2005.

Last summer, Dominion sold the coal- and oil-fired Salem Harbor Power Station in Salem to Footprint Power LLC of New Jersey. Footprint said it plans to convert the plant to cleaner-burning natural gas.

Energy Capital partners could not be reached for comment.

Emily Overholt can be reached at To find her on Twitter follow @emilyoverholt
Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of