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When paying $1 for a coal power plant is still paying too much

By: Bloomberg     12th March 2019 One dollar. That’s how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much. Acme Equities, a New York-based holding company, is in talks to buy the 847-MW San Juan Generating Station for $1, after four of its five owners decided to shut it down. The... 

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