SMUD consolidates ownership of gas-powered plants as it prepares to shutter them

The Sacramento Municipal Utility District has reorganized ownership of four of its gas-fired power plants into one entity, which will allow the electric utility to put more resources toward its goal of being a zero-carbon electric utility by 2030.

SMUD got approval from the California Energy Commission last month to take ownership of two of the cogeneration plants that had been built to service the now-closed Campbell Soup Co. and the existing Proctor & Gamble Co. plants in South Sacramento.

Those…

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