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IN BRIEF / ENERGY

Sempra to Sell Plant to PNM Resources

January 19, 2006|From Bloomberg News

Sempra Energy agreed to sell its 305-megawatt coal-fired Twin Oaks power plant in Robertson County, Texas, to PNM Resources Inc. for $480 million.

Proceeds from the sale will be used to fund Sempra's other projects, the San Diego-based company said.

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