LES, NPPD agree to part ways on energy resources

Lincoln Electric System News Release

LINCOLN – May 11, 2017, the boards of directors for both the Nebraska Public Power District and Lincoln Electric System will consider ending an agreement for electricity produced at NPPD’s Sheldon Station, a 225-megawatt facility outside of Hallam, Nebraska.

The boards are expected to vote on a termination and release agreement at their respective meetings. If approved, the Lincoln utility will pay NPPD $10.5 million to terminate its energy supply agreement at the end of 2017. Continue reading.

LES looking to drop Sheldon Station, Lincoln Journal Star
Lincoln Electric System wants to pay $10.5 million to NPPD to exit contract, Omaha World-Herald