PPL, Riverstone Accept FERC Mitigation Plan on Talen Spinoff
Will Make Only Cost-Based Offers on 650 MW in PJM
Feb 3, 2015
PPL and Riverstone have agreed to satisfy market power concerns over the spinoff of their generation into Talen Energy by making only cost-based offers for the more than 650 MW that they will keep in eastern PJM.
