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Puget Sound Energy sale in Montana to reduce reliance on coal-fired electricity

The Colstrip power plant in southeast Montana, that employs about 360 people and is partially owned by Puget Sound Energy (PSE), looms in the distance behind a city street a few blocks away. The plant consists of four separate units, each with its own boiler that collectively can produce 2094 megawatts of energy. The two oldest units are scheduled to close by 2022, a decision spurred by the plant’s difficult economics and a push toward cleaner energy.
 Photographed on December 6, 2017. 204974

Puget Sound Energy's sale of part of its stake in a Montana coal plant comes as the utility faces regulatory and customer pressure to move to cleaner sources of energy. PSE's $1 sale of its share in Unit 4 also comes as that aging plant requires big investments for repairs and pollution cleanup.

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