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Navajo Nation protests coal plant purchase

The Navajo Generating Station, which sits on land owned by the Navajo Nation, is set to shut down in December 2019. The owner of its largest share, utility company Salt River Project, can get better electricity prices from natural-gas plants. Shutting down the plant would cause the closure of the Kayenta coal mine, run by Peabody Mine 80 miles away. But Peabody wants to keep its sole customer going, so it is looking for a buyer for the electricity plant. Enter Avenue Capital, which is being courted by Peabody to purchase the plant.

Trevor Boyer

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