Tuesday, September 05, 2006

Duquesne Light Buys Generation

Pittsburgh Tribune-Review:
Duquesne Light holdings has completed the $173 million purchase of minority interests in two in-state generating plants. The parent of Duquesne Light Co. acquired from Atlantic City Electric 65.6 megawatts, or 3.8 percent, of the Conemaugh Generating Station in New Florence, Westmoreland County, and 42.3 megawatts, or 2.5 percent, of the Keystone Generating Station in Schelocta, Indiana County. Both plants are coal-fired.