Brief: Conduit Power And Riley Permian Announce Expansion Of Partnership For The Sale Of Merchant Power In Ercot

Riley Exploration Permian

21/05/2024 21:52

May 21 (Reuters) - Riley Exploration Permian Inc
 REPX.A :
    * CONDUIT POWER AND RILEY PERMIAN ANNOUNCE EXPANSION OF
PARTNERSHIP FOR THE SALE OF MERCHANT POWER IN ERCOT
    * RILEY PERMIAN INCREASED ITS OWNERSHIP IN RPC POWER FROM
35% TO
50%
    * RILEY AGREED TO SELL UP TO 10 MMCF/D OF NATURAL GAS TO RPC
POWER
AS FEEDSTOCK SUPPLY FOR GENERATION FACILITIES
    * UNDER AGREEMENTS, CONDUIT TO OPERATE FACILITIES AND
DISPATCH
POWER INTO ERCOT THROUGH ITS QUALIFIED SCHEDULING ENTITY

Source text for Eikon:  ID:nPn7TMF11a 
Further company coverage:  REPX.A 

 ((Reuters.Briefs@thomsonreuters.com;))