Fla. court rejects out-of-state merchant power plant

PALM BEACH, Fla., Oct. 05, 2000 (The Palm Beach Post)–Out-of-state electric utilities looking to build power plants in Florida have again lost a plea to the state Supreme Court.

KANSAS CITY, Mo., Oct. 5, 2000–Aquila Energy, a wholly owned subsidiary of UtiliCorp United, and GPU Inc. have executed a definitive $225 million agreement for Aquila to purchase GPU’s wholly owned subsidiary, GPU International Inc., including its interests in six independent U.S.-based generating plants and a development generating project.

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