They see utilities responding, but fear outlying areas are overlooked.
Despite reports of year 2000-readiness from virtually all electric utilities, and a promise from the U.S....
some individual units have sold for less than book value, that has not occurred for any single group of stations. For example, Pacific Gas & Electric sold its Morro Bay, Moss Landing and Oakland stations as a group at more than their combined book value, but Morro Bay and Oakland units were each priced at less than their individual book values.
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