SIPC closes private placement
Posted on 07-22-2010
Southern Illinois Power Cooperative (SIPC), Marion, Ill., secured $360 million through a private placement earlier this month. The funds will be used to finance the G&T's 7.9 percent share of the Prairie State Energy Campus, a 1,600mw supercritical coal-fired plant and adjacent coal mine. The Washington County, Ill.-based project is expected to come online in late 2011.
