- Dynegy (DYN -0.3%) is granted extra time by the Illinois Pollution Control Board to install pollution controls at five Illinois coal-fired power plants, saying it would be an economic hardship for the company to do it sooner.
- DYN still must acquire the plants from Ameren (AEE +0.8%), which is essentially giving away the plants; it was requesting the same kind of waiver AEE had received from the state - delaying installation of required soot-control upgrades until 2020 - or the deal could be off.
- Environmental groups opposed the waiver, saying the delay would hurt public health and that DYN knew the pollution controls were needed when it agreed to acquire the plants.
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