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MetLife Investment Management provides $200M to phase out NJ's coal-fired plants

Whippany-based MetLife Investment Management announced April 13 that it was the sole lender for approximately $200 million in financing to support the decommissioning of the last two coal-fired plants in the state.

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STARWOOD ENERGY AND ATLANTIC CITY ELECTRIC RECEIVE NEW JERSEY BPU APPROVAL ON AGREEMENT TO CEASE COAL USAGE AT THE LAST TWO COAL PLANTS IN NEW JERSEY

/PRNewswire/ Logan Generating Company, L.P. ("Logan"), and Chambers Cogeneration Limited Partnership ("Chambers"), companies owned by investment affiliates.

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