Dynegy Closes on Transaction to Purchase AES Corporation’s Interests in Zimmer and Miami Fort Facilities
December 08 2017 - 4:30PM
Business Wire
Dynegy Inc. (NYSE: DYN) has closed on the $50 million purchase
of a 28.1% ownership interest in the Zimmer Power Station and a 36%
ownership interest in the Miami Fort Power Station from DPL Inc., a
subsidiary of the AES Corporation. The transaction has received the
required approvals from the Federal Energy Regulatory
Commission.
Dynegy now owns 100% of both of the Ohio coal-fueled facilities.
Zimmer, located in Moscow, has 1,300 megawatts of generating
capacity and Miami Fort, in North Bend, has 1,020 megawatts of
generating capacity.
About Dynegy
Throughout the Northeast, Mid-Atlantic, Midwest, Texas, and
California, Dynegy operates more than 27,000 megawatts of power
generating facilities capable of producing enough energy to supply
more than 23 million American homes. Through our retail business,
we serve approximately 1.2 million customers in the Midwest and
Northeast who depend on reliable, affordable energy to grow and
thrive.
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Dynegy Inc.Media: Dean Ellis, 713.767.5800orAnalysts:
713.507.6466
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