SOURCE: Industrial Info Resources

Industrial Info Resources

December 20, 2016 07:30 ET

Exelon Wins Financial Aid for Two Uneconomic Nuclear Plants, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Dec 20, 2016) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Illinois Governor Bruce Rauner earlier this month signed a bill to provide financial support to keep open two nuclear power plants owned by Exelon Corporation (NYSE:EXC) (Chicago, Illinois). The Energy Future Jobs Bill, long sought by Exelon, follows a measure enacted by New York that put a price tag on the value of nuclear power's non-greenhouse gas-emitting properties. Exelon will collect about $235 million annually to keep the Quad Cities and Clinton nuclear power stations operating.

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