Great River Energy, a North Dakota electric power supplier which operates as a not-for-profit cooperative, is aiming to purchase over 1,100 MW from new wind energy projects by late 2023, an investment of more than $1.2 billion. It also plans to modify a coal and natural gas-based power plant to be fueled solely by natural gas.

Great River Energy said it planned to shut down two units of Coal Creek Station in the second half of 2022, adding that it was also willing to consider opportunities to sell the plant.

Read more: cnbc.com