New ETF Book by Larry Connors - Click here to read more
According to Dynegy Inc, the sale of the Rolling Hills equates to more than USD450 per kilowatt based on the plant's summer capacity rating. The company expects to record a gain of approximately USD50m in the third quarter 2008 on the sale. The Rolling Hills plant (815-megawatt summer capacity rating), which is locatedin Wilkesville, Ohio, is a natural gas-fired peaking facility that commenced commercial operation in 2003.
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