The pollution board has agreed to grant Dynegy more time to install pollution controls.
The Illinois Pollution Control Board is expected to vote on whether to give Dynegy more time to install pollution controls at five coal-fired power plants in Illinois.
The Texas company hopes to acquire the power plants from Ameren Corp., but says it needs permission to put off installing soot-control equipment until 2020 first. Ameren, which is based out of St. Louis, already has the waiver after company claimed financial hardship. However, the pollution panel would not transfer the waiver to Dynegy.
Dynegy is now looking for its own waiver, citing hardship from lower electricity prices driven by competition from natural gas plants.
Environmental groups oppose the waiver and say the pollution upgrades are necessary. They've filed formal objections to the company's request.
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