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Businesses

Submission + - Energy Firm to Cancel new Coal-Fired Plants

evil agent writes: From the Washington Post article:

TXU, the largest energy provider in Texas, agreed last night to a $45 billion buyout that would not only be the largest private-equity deal in history but would also feature an unusual twist: The buyers have promised environmental groups they would cancel a slew of coal-fired power plants on the firm's drawing boards.

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