Vault's Scoop
ABOUT THIS COMPANY:
Dynegy’s dynamismBased in Houston, Texas, Dynegy operates power plants and provides electric energy, capacity and ancillary services. The firm underwent a major transformation during the period of energy industry deregulation by building extensive energy trading units. It also nearly became the world’s largest energy trader in an attempt to purchase the struggling Enron, but (luckily) the deal was thwarted in 2001 just before Enron filed for bankruptcy.
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