Innovative Asset Transfer to Save Presque Isle Coal-Fired Generator in Wisconsin

SUGAR LAND--July 3, 2013--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--An innovative plan to keep an aging Midwestern coal-fired generator operating took a big step forward earlier this year, when Wisconsin utility regulators approved an asset transfer involving the Presque Isle Power Plant. The five-unit, 344-megawatt (MW) plant is owned by Wisconsin Energy Corporation (NYSE:WEC) (WEC) (Milwaukee, Wisconsin).

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