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Gibbons Creek Plant Negotiating Sale

September 15, 2016 by Willy1550

There could well be new owners for the Gibbons Creek Electric Station, as a deal is currently in the works to sell the Texas Municipal Power Agency’s lone power plant.

The TMPS’s Board of Directors met last week, where the plant’s General Manager reports discussion of selling was tabled for now, as talks with the so-far unnamed buyer continue.

Ben Khan tells Navasota News TMPA has been looking to sell the Gibbons Creek station since the beginning of the year, and has been in the current negotiations for the past five months.

Kahn would not discuss any details about the proposed sale, neither the buyers identity, nor what the implications of a sale would be for the nearly one-hundred grimes county residents who work there.

Bryan is one of four Texas cities currently served by the electric station, and in an interview last week; Mayor Jason Bienski told reporters Bryan City Council decided to end its agreement with the company, noting it can get cheaper energy elsewhere.

Check back with us again for further details on the fate of Grimes’ Gibbons Creek Power station, just as soon as they become available.

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