Dynegy completes acquisition of northeast generation assets

“This acquisition significantly strengthens our competitive position in the Northeast, enabling us to meet the long-term demands of the wholesale energy market throughout the area,” said Steve Bergstrom, president and chief operating officer of Dynegy Inc. “These facilities are well positioned to create value for our customers and our company due to their location, fuel diversity and ability to serve both heating and cooling loads.”

Jan. 31, 2001—The federally owned Bonneville Power Administration (BPA) is warning industry and utility customers in the Northwest that electric rates may increase as much as 60% over 5 years.

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