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High Plains Energy plans bonds to fund $185.3 million plant purchase
By Melissa Kory
Cleveland, Dec. 30 - High Plains Diversified Energy Corp. announced that it will sell municipal bonds to finance its $185.3 million purchase of the 550-megawatt Quail Run natural gas plant in west Texas from Constellation Energy.
Based in Calgary, Alta., High Plains is an oil and natural gas exploration company.
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