Edison International announced yesterday that he Fisk and Crawford coal-fired power plants will each close in September, ahead of the timeline set by company subsidiary Midwest Generation and Chicago Mayor Rahm Emanuel. Midwest Generation and Emanuel reached an agreement in February to shut down Fisk by December 31 and Crawford by the end of 2014.
The earlier closing comes as a mayor-appointed task force sets the future of the Fisk and Crawford sites. Community residents involved in the Fisk site transition guessed that the site would shut down in September, during a community meeting last month. However, the early Crawford closing was not anticipated.
Edison International will get a tax deduction of $64 million for closing Fisk and $87 million for ending operations at Crawford, according to the Chicago Tribune.
Comments
Login or register to post comments