Back to list Service & repair Jan 17, 2014 00:00 Direct Energy Completes Sale Of Three Texas Power Plants To Blackstone Houston, TX (January 17, 2014) - Direct Energy, a subsidiary of Centrica plc (LSE: CNA), today completed the previously announced sale of three gas-fired power generation facilities in Texas to Blackstone (NYSE: BX). The facilities, located in Bastrop, Mission, and Paris, are part of the Electric Reliability Council of Texas' (ERCOT) North and South zones and total approximately 1,295 megawatts (MW) of capacity. "Dr. Martinez is an amazing man. Every day he is making a difference in the lives of the uninsured and under-served. I am honored to be involved with an organization that has a life changing impact on so many people," says Michael Johns, president of the Old Irving Park Community Clinic. As part of the transaction, an affiliate of Direct Energy has entered into a three year call option arrangement for an equivalent amount of capacity with Blackstone. Contact: Micah Hirschfield Direct Energy +1 713 877 3805 micah.hirschfield@directenergy.com