Houston power co. proposes divestments on FERC concerns

Houston Business Journal

Joshua Mann Reporter Houston Business Journal

Houston-based Dynegy Inc. (NYSE: DYN) responded to regulatory concerns around its upcoming $3.3 billion purchase of power generation assets from Engie SA (EPA: ENGI) with a proposal to divest some of its other assets.
Specifically, the Federal Energy Regulatory Commission cited competitive concerns in two regions. The first was the ComEd Locational Delivery Area in PJM Interconnection, and the second was the the Southeastern New England capacity zone in ISO New England Inc. ComEd LDA is in the northern part of …

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