A national consumer advocacy group has asked federal regulators to investigate the planned closing of the Brayton Point power plant, alleging that the private equity firm that owns the Somerset facility is manipulating the New England electricity market to make tens of millions of dollars.
In documents filed with the Federal Energy Regulatory Commission on Monday, Public Citizen alleged Energy Capital Partners knew that closing Brayton Point would push up the price generators of electricity are paid by ISO New England, the power grid operator.
Find the full story at The Boston Globe.