The Navajo Generating Station near Page is set to close in 2019 if no one steps in to buy it.
The coal company that supplies the 2,250-megawatt power plant, Peabody Energy, hired Lazard Freres to help find someone.
Lazard representative George Bilicic did not identify the potential buyer Thursday during a congressional hearing. But he says it’s a reputable company that operates power plants.
The Navajo and Hopi tribal governments want help from federal officials to keep it open.
Others want to see a transition to renewable energy and say running the plant beyond 2019 makes no economic sense.

Reader Comments