Ameren gets OK to sell Illinois coal plants to Dynegy, pending pollution waiver

|About: Ameren Corporation (AEE)|By:, SA News Editor

Ameren (AEE) receives federal permission to sell five Illinois coal-fired power plants to Dynegy (DYN), but the sale could unravel unless DYN gets approval from the state pollution control board to delay installing soot-control equipment required under state rules.

Environmental groups object to any waiver, saying pollution control upgrades are needed at the decades-old plants and that DYN was a willing buyer so should not be able to claim hardship.