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Dynegy wins FERC approval for Engie U.S. portfolio acquisition

Feb. 02, 2017 4:17 PM ETDynegy Inc. (DYN-OLD2) StockBy: Carl Surran, SA News Editor6 Comments
  • Dynegy (DYN) says it received final approval from the FERC to acquire Engie's (OTCPK:ENGIY) U.S. portfolio of ~9K MW of generation capacity located in the ERCOT, PJM,and ISO-New England electricity markets.
  • After closing the acquisition, DYN says it will own more than 31K MW of power generating facilities, capable of powering 25M homes, primarily in the northeast and midwest U.S. and Texas.

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