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State Signs Off On Century Aluminum Deal

Regulators in Kentucky have approved an agreement Century Aluminum says it needed to stay in business.
Kentucky regulators have signed off on an agreement Century Aluminum says it needed to stay in business. 
The deal allows Century to break its deal to buy power from Big Rivers, and instead Century will use Kenergy to purchase power on the open market.  Century claimed it could no longer afford the prices Big Rivers was charging. 
Big Rivers, Kenergy, and Century had previously agreed to the deal.
The state has not yet ruled on Big Rivers request for a rate hike as a result of lost business from Century.  Regulators have also not yet approved a similar deal involving the aluminum smelter in Sebree.
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