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Dynegy Snapshot
Power company Dynegy (a short version of "dynamic energy") has lost some of its dynamism in recent years. It provides wholesale power, capacity, and other services to a broad range of customers (utilities, cooperatives, municipalities and other energy operations) in 13 states, in the Midwest, the Northeast, and on the West Coast. Its generation portfolio consists of 18 power plants fueled by coal, fuel oil, and natural gas, with a capacity of more than 11,770 MW. In 2010 Dynegy's board recommended that the debt-heavy company be acquired by Icahn Enterprises for $665 million, but the deal was rejected in 2011, leading Dynegy to consider bankruptcy protection.
