Green Mountain Energy Resources (GMER) and NGC Corporation announced an agreement for NGC to supply wholesale power for a large portion of GMER's retail electric business in California. NGC will supply power for two of the three green power products that GMER is marketing: the "Water Power" blend and the "75% Renewable Power" blend. The power will come from various generating facilities in California and the western region, including small hydro, geothermal, and biomass power. GMER notes that this agreement will complement a pre-existing power supply agreement with PacifiCorp.
News Release - Green Mountain Energy Resources and NGC Corporation Announce Power Supply Deal