SUGAR LAND, TX — (Marketwired) — 06/10/13 — Written by John Egan for Industrial Info Resources (Sugar Land, Texas) — (NYSE:NVE) (Las Vegas, Nevada) is getting out of the business. The company, whose utility subsidiaries include Nevada Power Company (Las Vegas, Nevada) and Sierra Pacific Power Company (Reno, Nevada), will be closing the Nevada-based coal-fired generation it owns and selling its interest in a large coal-fired power plant in Arizona. NV Energy helped draft legislation (SB 123) compelling those changes, which passed the Nevada legislature June 3.
Other companies featured: (NYSE:BRK-A), (NYSE:IDA)
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