Anglo American sells coal assets to Peabody for $3.8bn
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
* Capacity prices seen in the $150-$190/MW-day range * FirstEnergy Ohio zone likely to clear over RTO * Auction to close May 11 By Scott DiSavino May 9 (Reuters) – U.S. electric grid operator PJM hopes to secure at least 160,000 megawatts (MW) of power…
