Dynegy to buy out DP&L, AES Ohio stakes in two struggling Ohio coal plants
It appears the units Dayton Power & Light is selling were among those it sought support for last year. Columbus Business First reported in November that Dynegy was interested in purchasing the plants.
DP&L currently co-owns the Miami Fort Station with Dynegy Miami Fort and co-owns the Zimmer Station with Dynegy Zimmer and a third party, American Electric Power.
Older, less-efficient power plants in Ohio have been struggling for some time, and utilities had sought permission to have customers subsidize the plants. When the supports were blocked a year ago, some of those struggling plants have been put up for sale.
Read full article at Utility Dive