Exelon sells coal plant stakes to ArcLight

摘要

Exelon said Wednesday it is selling ownership interestsnrepresenting about 1,250 MW in the Conemaugh and Keystonencoal-fired power plants in Pennsylvania to a subsidiary of ArcLightnCapital Partners for $475 million and will record a fourth-quarternloss of $350 million to $400 million on the transaction.