- Kenon Holdings (NYSE:KEN) OPC Energy subsidiary agrees to acquire Competitive Power Ventures' renewable energy and natural gas-fired power plants in the U.S. from Global Infrastructure Management for $630M.
- The buyer also agrees to pay $54M-$95M with respect to CPV's equity in the Three Rivers project, which is currently under construction, in cash or as a vendor loan.
- Kenon recently declared a $2.23/share quarterly cash dividend.
Kenon Holdings' OPC Energy to buy CPV power business in U.S.
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Symbol | Last Price | % Chg |
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KEN | - | - |
Kenon Holdings Ltd. |