Another private equity group is buying an Ohio coal plant. Will anything change? [Video]

The following article was originally published in the Ohio Capital Journal and published on News5Cleveland.com under a content-sharing agreement.

Another private equity group is in the process of buying a coal-fired generation plant along the Ohio River that is estimated to be the nation’s most deadly via pollution.

The prospective owners boast of a focus on helping fossil fuel plants make the transition to sustainability. But it’s unclear that anything will change at the 50-year-old facility.

Presently owned by Blackstone and ArcLight Capital Partners, the 2,600 megawatt Gavin plant in Cheshire is in the process of being purchased by two other private equity firms, Energy Capital Partners and Javelin. Because the plant is estimated to produce the deadliest emissions in the United States— and because it has a $40 million liability to clean up toxic coal ash — watchdogs are concerned about ongoing health threats. They’re also worried that taxpayers will have …