February 13, 2015
Report: Dynegy may have cleared regulatory hurdles for its $2.8B purchase of Duke Energy merchant plants
SNL Energy says Dynegy Inc. has reached a deal with the PJM Interconnection market monitor that could clear the way for its proposed $2.8 billion purchase of Duke Energy’s Midwest power fleet.
The deal also affects Dynegy’s related $3.45 billion deal to buy a larger fleet from Energy Capital Partners.
But Dynegy (NYSE: DYN) has asked the Federal Energy Regulatory Commission to rule on the sales quickly or risk killing the deals.
Dynegy announced in August that it agreed to buy Charlotte-based…