Niagara Mohawk sells hydro plants:

Niagara Mohawk sells hydro plants:

Niagara Mohawk Power Corp., subsidiary of Niagara Mohawk Holdings Inc., closed the sale of its 71 hydroelectric generating plants (661 MW total) to Orion Power Holdings Inc. for $425 million. Orion is jointly owned by affiliates of Goldman, Sachs & Co. and Constellation Energy Group.

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