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Economics of Navajo Plant Undercut by Steady, Low Natural Gas Prices

The Republic: Two investment firms are considering a joint purchase of the Navajo Generating Station coal-fired power plant near Page, but time is running out to strike a deal. The power plant is scheduled to close in December 2019, which also will prompt the closure of the Kayenta Mine about 80 miles away. Peabody Energy […]

April 30, 2018 Read More →

IEEFA Update: Lazard Risks Its Reputation by Working With Peabody

‘Cynical Approach in Illinois Is Now Being Repeated in Its Dealings With the Navajo Nation in Arizona’

April 27, 2018 (IEEFA) — A well-known New York investment banking firm is putting its reputation at stake by working with Peabody Energy to keep a failing coal-fired Arizona power plant alive, concludes a letter published today by the Institute for Energy Economics and Financial Analysis. The letter, addressed to Kenneth M. Jacobs, chairman and […]

April 27, 2018 Read More →