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New owners of Gibbons Creek Power Plant sell remaining property to undisclosed buyer

March 3, 2022 by Willy1550

The corporation that purchased the former Gibbons Creek power plant in Grimes County announces selling the remaining 20 percent of the property in its control.

Charah Solutions of Kentucky did not disclose the buyer of 13 hundred acres that includes the site’s commercial and infrastructure assets. That includes office buildings, warehouses, rail line, and access to the power distribution switchyard.

This follows the January 2021 sale of more than 4,800 acres that includes the lake, which is expected to become a residential development.

The former coal fired power plant was imploded last October, with Charah expecting to complete environmental cleanup of ash ponds and landfills sometime next year.

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