Dynegy in strategic transaction for part of Plum Point Power interest

摘要

On October 26, Dynegy announced an agreement for the sale of a portion of the company's indirect interest in Plum Point Energy Associates, LLC to John Hancock Life Insurance Co. for S82 million in cash. PPEA owns approximately 57 percent of the 665-MW Plum Point Power Generation Facility under construction near Osceola, AR. The non-controlling interest to be purchased by John Hancock equates to approximately 125 megawatts in the Plum Point facility. Dynegy will maintain construction and commercial control of the facility.