We Energies to sell U.P. power plant

One more knot is being detangled in the maze of questions about the Marquette power plant, as UPPCO will buy the plant from its current (haha) Wisconsin owner. 

Excerpt: The deals would put the Upper Peninsula's electricity future in the hands of a Michigan-based utility, with Wisconsin customers no longer being asked to foot the bill for costly power upgrades in Michigan.

Under the agreements, We Energies plans to sell its Upper Peninsula utility business to Upper Peninsula Power Co., including the coal-fired power plant it operates on Lake Superior in Marquette, Mich. 

More on the story is online here.

Source: Milwaukee Journal-Sentinel
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