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Analyst says it's 50/50 on Cassville power plant approval

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A Milwaukee utility analyst says a new coal-fired power plant in Cassville probably has a 50-50 chance of being approved on Tuesday.

The state Public Service Commission is scheduled to act on the $1.3 billion project by Alliant Energy of Madison. David Parker of Robert W. Baird and Co., says the new plant makes sense because building costs may go down as the economy keeps slipping.

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