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CPS Energy says hefty debt means coal plant has to stay open - for now
San Antonio Express-News: CPS Energy’s chief executive said Wednesday that the city-owned utility owes too much money on its newer coal-fired power plant unit to commit to closing it this decade — a move some activist groups are demanding.
In a virtual meeting with the San Antonio Express-News’ Editorial Board, CPS president and CEO Paula Gold-Williams said the utility still owes $1 billion on its Spruce 2 coal unit, which went online in 2010.
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