Saturday, September 12, 2009

Otter Tail Power Pulls out of Big Stone II

(AP) Otter Tail Power, the utility that had been leading an effort to build a $1.6 billion coal-fired power plant in South Dakota has pulled out of the project. The Minnesota-based company noted uncertainty about Federal legislation to regulate carbon emissions, and the economic down-turn. The plant would have served customers in Minnesota, the Dakotas, Iowa, and Montana.

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