Property: Oklahoma Natural Gas Peaker Power Plant – 50 MW Turnkey Asset

Asking Price: $50,000,000 (Outright Sale – Asset Sale Structure)

Overview

‍Offered for immediate sale is a well-maintained 50 MW natural gas-fired simple cycle peaking power plant strategically located in central Oklahoma. The facility is fully operational, permitted, and grid-connected in the Southwest Power Pool (SPP) market, benefiting from abundant low-cost natural gas supply via nearby pipelines (access to Anadarko Basin and major interconnects). Ideal for investors seeking quick-deploy peaking capacity amid rising regional demand from data centers, industrial growth, and renewable intermittency support.

Key Specifications

• Net Capacity: 50 MW (summer) / ~55 MW (winter)
• Technology: Simple cycle combustion turbine (e.g., modernized GE Frame 6B-class or equivalent aero-derivative configuration)
• Fuel: Primary natural gas; dual-fuel capable (#2 diesel backup)
• Efficiency: ~35–38% (simple cycle heat rate ~9,500–10,000 Btu/kWh)
• Year Built/Commissioned: 2010–2015 (low hours; ~15,000–25,000 total operating hours)
• Configuration: Single turbine-generator set with auxiliary systems (air intake filters, exhaust stack, lube oil system, control room, switchyard)
• Grid Connection: 138 kV substation on-site; full SPP market access with existing interconnection agreement
• Permitting/Compliance: All required air, water, and environmental permits current (low-NOx burners, emissions controls compliant with current EPA/SPP standards)
• Operations: Designed for fast-start peaker duty (10–15 min to full load); suitable for energy-only or capacity market participation

Site & Infrastructure Highlights

• ~20–30 acre fenced parcel with ample expansion potential (room for battery storage co-location or future combined cycle upgrade)
• On-site natural gas lateral and metering; proximity to major interstate pipelines for firm transport
• Full SCADA/EMS integration; remote monitoring capable
• Backup diesel storage tanks (sufficient for extended runs)
• Secure access road, perimeter fencing, and basic O&M building

Financial & Market Position

• Strong historical dispatch in SPP; proven revenue from energy and ancillary services
• Low fuel basis differential in Oklahoma supports competitive marginal costs (~$20–$30/MWh at current gas prices)
• Potential for enhanced value via new offtake agreements, capacity payments, or repowering (e.g., to combined cycle for baseload)
• No major deferred maintenance identified; recent turbine inspection available for review

Why $50MM Represents Attractive Value

‍At ~$1,000/kW installed, this pricing aligns with recent regional transactions for similar mid-life peaking assets (adjusted for size, location, and market conditions). Comparable sales in SPP/PJM show $700–$1,500/kW for operational gas plants, with premiums for low-hour units in high-demand zones. New-build replacement costs exceed $1,200–$1,800/kW (per 2025–2026 EPC estimates), making this a cost-effective acquisition vs. greenfield development amid supply chain delays and permitting timelines.

Sale Terms

• Outright asset sale preferred (100% equity transfer)
• Due diligence package available upon NDA (includes historical O&M records, emissions data, PPA/offtake history if applicable, title/permits)
• Seller financing or earn-out structures may be considered for qualified buyer