As this first round of storms sweep through, flash flooding is possible as we have watches in effect since heavy rainfall is expected. These storms are on the strong side, but severe threat will be more towards later this afternoon into the night as they could become severe out west.
PARIS, TX-- A Paris Power plant is being sold as part of a deal worth nearly $700 million dollars.
Direct Energy has announced its selling three of it's natural gas-fired power plants in Texas, including the Paris Plant to asset management firm Blackstone.
The Paris facility has around 20-employees.
Blackstone will also take control of plants in Bastrop and Mission.
The deal is reported at $685 million dollars, and is expected to close in early 2014.