The company noted it won't participate in next year's capacity auction, barring regulatory reforms.
The U.S. government has helped energy businesses kick out the Russians from all systems currently known to have been penetrated.
Less volatile natural gas prices helped national prices remain stable.
The Burrillville plant has faced significant opposition from local organizations and municipalities.
The United States electric energy sector that includes utilities, independent power producers, public power authorities, renewable developers etc. has been traditionally considered a relatively safe and defensive investment due to its potential for providing a steady stream of dividend income.
Smart Strategies for Managing Exposure Created by Capacity Performance Rules
Funds from all sales will go toward debt reduction.
The opening date for the plant in Rhode Island has been pushed back from 2019 to June 1, 2020.
The new turbine will be installed at the Sandwich power plant on the Cape Cod Canal.
The reserve margins are expected to range from slightly less than 15 percent in New England to almost 29 percent in New York.