A partnership called PurGen may now pursue permits to erect a $5 billion, 500-megawatt electrical plant under a deal approved unanimously by the city council late Tuesday. The agreement resolves litigation that erupted over development rights to the 106-acre parcel in 2005, when the city tried to condemn the site for a redevelopment plan.

Invensys Operations Management has announced that it has delivered comprehensive simulation and training solutions to the Korea Electric Power Research Institute (KEPRI), South Korea's leading electric power research institute and part of Korea Electric Power Corporation (KEPCO).The solutions will be implemented at KEPRI's proposed generic-model integrated gasification combined cycle (IGCC) plant to be built in Taean, South Korea.