Luminant, a subsidiary of Vistra Energy announced that they will be closing two coal-fueled power plant in Central Texas.
The units affected is the two-unit Sandow Power Plant in Milam County and the two-unit in Big Brown Power Plant in Freestone County.
Approximately, 2,300 MW of nameplates power will be taken offline on early 2018.
The company said sustained low wholesale power prices, oversupplied renewable generation market, and low natural gas prices among other factors have contributed to the decision of the closing.
Also, closing will be Three Oaks Mine located in Bastrop County which supports the Sandow Site.
Turlington Mine which supplies Big Brown was already scheduled to wind down operations by the end of 2017.
A total of 650 employees will be affected by the closures. Luminant estimates about 450 employees will be impacted by the Sandow plant and Three Oaks mine closure and about 200 employees will be impacted by the Big Brown closure.
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