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NRG Energy’s GenOn sells Pennsylvania power plant for $520M

NRG Energy’s (NRG +0.2%) bankrupt GenOn unit agrees to sell its Hunterstown power generation facility in Gettysburg, Pa., to P-E firm Platinum Equity for $520M.

Hunterstown is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM electricity grid, with the ability to supply more than 648K homes.

Read full article at Seeking Alpha