Integrys to acquire Fox Energy for $440 million

Dive Summary:

Integrys Energy Group Inc's Wisconsin Public Service Corp unit will pay $440 million to acquire Fox Energy Co LLC.
$390 million will go to purchase the Fox Energy Center, as Integrys moves to add a 593 megawatt power generating plant in Kaukauna, Wisc.
$50 million in the agreement, which is expected to close in 2013, will go toward the early termination of an existing tolling agreement.

From the article:

Electric and natural gas utility Integrys Energy Group Inc (TEG.N) will buy privately held Fox Energy Co LLC for $440 million to add a 593 megawatt power generating plant in Kaukauna, Wisconsin. ...