HOUSTON--(BUSINESS WIRE)--Dec. 8, 2017--
Dynegy Inc. (NYSE: DYN) has closed on the $50 million purchase of a
28.1% ownership interest in the Zimmer Power Station and a 36% ownership
interest in the Miami Fort Power Station from DPL Inc., a subsidiary of
the AES Corporation. The transaction has received the required approvals
from the Federal Energy Regulatory Commission.
Dynegy now owns 100% of both of the Ohio coal-fueled facilities. Zimmer,
located in Moscow, has 1,300 megawatts of generating capacity and Miami
Fort, in North Bend, has 1,020 megawatts of generating capacity.
Throughout the Northeast, Mid-Atlantic, Midwest, Texas, and California,
Dynegy operates more than 27,000 megawatts of power generating
facilities capable of producing enough energy to supply more than 23
million American homes. Through our retail business, we serve
approximately 1.2 million customers in the Midwest and Northeast who
depend on reliable, affordable energy to grow and thrive.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171208005642/en/
Source: Dynegy Inc.
Media: Dean Ellis, 713.767.5800