Constellation Energy Group was allowed to purchase five Boston Generating LLC power plants for $1.1 billion this week following approval of the transaction by a U.S. bankruptcy court.

Boston Generating, a unit of the US Power Generating Co, arranged the sale to Constellation Energy as part of a bankruptcy plan but needed a court's approval to go ahead with it.

The five Boston-area plants together provide a combined 2,950 megawatts, making them the third-largest power generating unit in New England.

Boston Generating was forced to file for bankruptcy protection in August after being unable to generate sufficient cash to service its debt and fund operations.

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