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Kinzua Dam Power Plant Sold

The power generating station at Kinzua Dam in Warren County has changed hands.
The power generating station at Kinzua Dam in Warren County has changed hands.

First Energy Corporation sold the power plant to Harbor Hydro Holdings, a company owned by a private equity firm.

Harbor Hydro bought the Warren County facility from First Energy along with ten other generation stations in Pennsylvania, Virginia and West Virginia .

According to documents from the Federal Energy Regulating Commission 395 million dollars changed hands in the transaction.

In a joint release, both companies say the First Energy employees will be retained by the new company.


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