ST. LOUIS (AP) - The Federal Energy Regulatory Commission says Ameren Corp. can sell five Illinois coal-fired plants to Houston-based Dynegy Inc. - though the deal still hinges on a pollution-control waiver.
Dynegy spokeswoman Katy Sullivan says the FERC approval came late Friday. She says it was an important milestone, but the sale could unravel unless the company gets approval from the Illinois Pollution Control Board to delay installing soot-control equipment required by state rules.
St. Louis-based Ameren Corp. already has a five-year waiver after claiming financial hardship. But the Pollution Control Board said it couldn't simply be transferred to Dynegy, which filed for its own.
Environmental groups say that the pollution-control upgrades are needed and that Dynegy was a willing buyer.
The Illinois panel is expected to make its decision next month.