SOURCE: Industrial Info Resources

Industrial Info Resources

January 20, 2014 06:30 ET

APS Boosts Stake in Four Corners Power Plant, Commits to Installing SCR Equipment, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 20, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Asset shuffling in the Southwest U.S. Power market continued last month, as Arizona Public Service Company (APS) (Phoenix, Arizona), the principal subsidiary of Pinnacle West Capital Corporation (NYSE:PNW) (Phoenix), acquired additional ownership in the Four Corners Power Plant and decided to shut three of the plant's older and less-efficient units. The Four Corners plant is near Farmington, New Mexico.

Other companies featured: Edison International (NYSE:EIX), PNM Resources Incorporated (NYSE:PNM), El Paso Electric Company (NYSE:EE), UNS Energy Corporation (NYSE:UNS), URS Corporation (NYSE:URS)

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