FPL looks to acquire coal-fired power plant in Jacksonville — and then shut it down

Juno Beach-based Florida Power & Light Co. on Monday filed a petition with the Florida Public Service Commission, asking it to approve its acquisition of a coal-fired power plant in Jacksonville.

The Cedar Bay Generating Plant, which had been under a long-term contract to supply power to FPL since 1998, is a 250-megawatt coal-fired facility on the city’s Northside.

FPL is looking to buy the plant for $520.5 million. If successful, its plans are to reduce operations by 90 percent and eventually…