Two electricity generators at a Huntington Beach power plant have been sold to allow another project to rise.
AES Huntington Beach LLC, part of a company that generates electricity in 28 countries, sold two of its four power units to Santa Ana-based Edison Mission Energy, a Southern California Edison affiliate, said AES Southland President Eric Pendergraft.
The sale is part of an agreement that keeps emissions within the South Coast Air Quality Management District's limits in Los Angeles, Orange, San Bernardino and Riverside counties, Pendergraft said.
"Before they can get authority to operate, they have to provide these emission offsets in order to keep the environment whole," he said. "By us agreeing to shut down our facility, that is enabling this new facility to go into operation."
Edison Mission will construct a new electricity-generating facility, Walnut Creek Energy LLC, in the City of Industry. The project, a 500-megawatt advanced technology plant, is expected to create 400 construction jobs, said Edison Mission spokesman Doug McFarlan. The $500-million project has a 10-year contract to sell electricity to Southern California Edison for distribution, he said.