Commissioners give nod to co-op’s purchase of power plant
by Associated Press Published: October 30,2012
Tags: acquisition, approval, bankrupt, bankruptcy, cooperative, electric generation, electricty, light, lighting, merger, Power plant, powerr, purchase, sale, sell, state agency, utility
BATESVILLE and HATTIESBURG — The Mississippi Public Service Commission has approved the $286-million sale of bankrupt LSP Energy to South Mississippi Electric Power Association. Commissioners voted 3-0 yesterday to give Hattiesburg-based SMEPA the right to operate the natural gas-fired power station in Batesville. The order also gives SMEPA the right to acquire any rights of [...] [...]
