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FERC approves $2.8B sale of Duke Energy's Midwest commercial plants

2015-03-28 15:50:44| Oil & Gas - Topix.net

Duke Energy may use the proceeds to help pay for major capital project in its commercial division or to help fund stock buybacks. Duke Energy expects to close the $2.8 billion sale of its fleet of commercial power plants in the Midwest to Dynegy Inc. on April 2 after gaining approval of the sale by the Federal Energy Regulatory Commission on Friday.

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