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May 30, 2019

$500M offer to shut Colo. coal plants

GRAND JUNCTION, Colo. (AP) — A wholesale power provider has proposed a $500 million deal for a Colorado electric utility to retire some coal assets and shift toward more renewable energy.

The Daily Sentinel reported Wednesday that the proposal from Denver-based Guzman Energy calls for Tri-State Generation and Transmission Association to shut down coal-fired power plants in New Mexico and northwest Colorado by 2025.


 
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