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Ameren's sale of five Illinois coal-fired power plants to Dynegy, Inc. will likely close next month. That after the Illinois Pollution Control board on Thursday granted Dynegy permission to defer the installation of multi-million dollar pollution controls for five years.
Ameren had agreed to the improvements years ago, but said approval of the environmental variance was a condition of the sale.
In a 3-1 vote, state regulators decided that forcing Dynegy to install the soot scrubbers immediately would "impose an arbitrary and unreasonable hardship."