FERC has given final blessing to to sellits ownership interests in two natural gas-fired plants in Pennsylvania.
Under the deal, the NextEra Energy Inc. subsidiary agreed to sell equityinterests in the 786-MW MarcusHook and 48-MW MarcusHook 50 facilities to an affiliate of . Thecompany sought FERCapproval in July for the $760million transaction.
Long IslandPower Authority holds a long-term contract for 685 MW of output ofthe Marcus Hook facility. (EC16-159)