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TECO Energy is exiting the coal business, an industry rapidly losing its environmental appeal as a domestic provider of fuel for power plants. The Tampa power company and parent of Tampa Electric and two gas companies, said it has closed the sale of its coal mining subsidiary, TECO Coal LLC, to ...
TECO Energy, Inc. TE, through its subsidiary, has entered into a non-binding letter of intent with a new buyer for selling all of its interest in TECO Coal LLC. Previously, the company had been talking with Kentucky-based Cambrian Coal Corp. to sell the business. However, the sales agreement did not ...
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