Wednesday, June 6, 2007

UPDATE 1-Fla. rejects proposed FPL Glades coal power plant

(Reuters) - The plant was "not the most cost-effective alternative
available," the state Public Service Commission said in a
release on Tuesday.




FPL, a subsidiary of FPL Group Inc. , of Juno Beach,
Florida, was seeking approval to spend about $5.7 billion to
build a 1,960-megawatt ultra super critical coal plant, capable
of serving about 396,000 homes and businesses. FPL expected the
units to enter service in 2013 and 2014.


Read more at Reuters.com Bonds News

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