SOURCE: Industrial Info Resources

May 16, 2008 06:30 ET

High Natural Gas Prices Force Power Plant Offline, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 16, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The 842-megawatt (MW) Hunterstown Power Station in Gettysburg, Pennsylvania, owned and operated by Reliant Energy (NYSE:RRI) (Houston), went offline on May 13, 2008, citing that the prices the plant was paying for natural gas were not yielding an equitable return on expenditures. However, the facility was scheduled to return to service Thursday, but only if its pricing index equated to profitable operation.

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