Florida Power & Light, with an increased reliance on natural gas to generate electricity, got approval to buy a second coal-fired power plant that it intends to close.
Members of the Florida Public Service Commission, meeting for less than 30 minutes, supported plans by the utility to spend $451.5 million of ratepayers’ money to purchase the 330-megawatt Indiantown Cogeneration plant in Martin County from Calypso Energy Holdings LLC.
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