# BKV and Banpu Power US to buy Texas natural gas power plant for $430M

BKV Corporation, in partnership with Banpu Power US Corporation, signed an agreement to purchase the Temple 1 power plant in Temple, Texas, for $430 million, expected to close in Q4 2021.

- Type: Acquisition
- Announced: 2021-08-12
- Where: Temple, Texas, United States, United States
- Value: $430.0M
- Status: announced
- Products: natural gas power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [BKV Corporation](https://endata.com/companies/32137.md) (acquirer)
- [Banpu Power US Corporation](https://endata.com/companies/57065.md) (acquirer)
- [Temple Generation Intermediate Holdings II](https://endata.com/companies/57066.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/bkv-corporation-and-banpu-power-us-corporation-to-buy-texas-natural-gas-power-plant-for-430-million-301353984.html), 2021-08-12: "Today BKV Corporation, in partnership with Banpu Power US Corporation, has signed a purchase and sale agreement to purchase all of the equity interests in Temple Generation Intermediate Holdings II, LLC, the entity that owns...the Temple 1 power plant in Temple, Texas."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.