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Dynegy granted pollution waiver for coal plants it's acquiring from Ameren

  • 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.
Comments (1)
  • What do you suppose the people of Illinois will do if AEE loses the sale and shuts down the power plants? Run out and get solar?
    22 Nov 2013, 09:04 AM Reply Like
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