October 6, 2017 / 12:38 PM / in 15 days

BRIEF-LUMINANT DECIDES TO RETIRE ITS MONTICELLO POWER PLANT

Oct 6 (Reuters) - Luminant:

* LUMINANT ANNOUNCES DECISION TO RETIRE ITS MONTICELLO POWER PLANT

* ‍LUMINANT - IN TOTAL, APPROXIMATELY 1,800 MW OF POWER WILL BE TAKEN OFFLINE IN JANUARY OF 2018​

* ‍LUMINANT SAYS IT ESTIMATES THAT ABOUT 200 EMPLOYEES WILL BE IMPACTED BY MONTICELLO‘S RETIREMENT​

* LUMINANT- ‍ESTIMATES IT WILL RECORD ONE-TIME CHARGES OF APPROXIMATELY $20-25 MILLION IN Q3 OF 2017​ Source text for Eikon: Further company coverage:

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