El Paso Energy Merchant domestic power portfolio is down to nearly nothing, after the company announced Friday its plans to sell 25 of its U.S. generation facilities to Northern Star Generation LLC for $746 million and the assumption of $174 million of debt. The El Paso Corp. facilities are located in seven states and have a net capacity of 1,850 MW.
920M
Articles from 920M
El Paso Unloads Domestic Power Portfolio to Equity Funds for $920M
El Paso Energy Merchant domestic power portfolio is down to nearly nothing, after the company announced Friday its plans to sell 25 of its U.S. generation facilities to Northern Star Generation LLC for $746 million and the assumption of $174 million of debt. The El Paso Corp. facilities are located in seven states and have a net capacity of 1,850 MW.
January 19, 2004
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
