Orion power to buy 7 Duquesne plants
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28/12/1998
Orion Power Holdings Inc. agreed to buy seven power plants from Duquesne Light Co. for $1.7 billion, underscoring its intention to become a major player in the U.S. electricity-generation market.The deal is Orion's fourth- and biggest -purchase in the past year of plants being sold by utilities exiting power generation due to energy deregulation.