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PSEG Power could lose $415M on exit from 2 Pennsylvania coal plants
Utility Dive: PSEG's decarbonization efforts are showing dividends, but the most recent efforts have come with a hefty price tag.
In a Form 8-K filing, the company told regulators it expects to recognize a one-time pre-tax impairment charge in Q2 2019 related to the transaction, "as the anticipated sale price is less than the current book value."
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