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Duke Energy (DUK Quote) agreed to buy an 825-megawatt power plant in Rockingham County, N.C., from Dynegy (DYN Quote) for $195 million.
The plant, which went into operation in 2000, consists of five 165 megawatt Westinghouse combustion turbine units capable of using either natural gas or oil to operate.
Duke Energy recently conducted a competitive Request for Proposals bidding process for peaking capacity to meet growing customer demand for electricity in North Carolina and South Carolina. ...
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