Located in Jackson in the US state of Mississippi, the combined-cycle natural gas turbine unit is owned by KGen Power Corporation.
Entergy Mississippi manager of business and energy management Darron Case said acquiring this plant will let the company continue updating its generation plants to more modern and efficient facilities and will allow it to retire old power plants.
The acquisition of the Hinds Energy Facility is subject to regulatory approvals.
Entergy Mississippi, a subsidiary of US-based energy company Entergy Corporation, provides electricity to more than 435,000 customers in 45 counties.