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  • Brayton Point coal plant in Somerset to close, cut 240 jobs

    10/08/2013 11:27:44 AM PDT · by FreeAtlanta · 22 replies
    biz journals ^ | Oct 8, 2013 | Craig Douglas
    The Brayton Point Power Station, the largest coal-fired power plant in New England, is shutting down amid a prolonged slump in energy prices that is forcing power operators nationally to rejigger their budgets and seek out more affordable production strategies. The closure will result in 240 job losses at the Somerset, Mass.-based facility. Its owner, an affiliate of New Jersey-based private equity firm Energy Capital Partners, said in a statement that steps would be taken to mitigate the effects of the job cuts for Brayton Point’s former workers....