Thailand EGCO’s boosts holdings in hydro power plant

The $4.9 million (US) deal marked the complete pull out of Transfield from the $1.1 billion Nam Thuen 2 power project, following its sale earlier of a 5% interest in the venture to Electricite de France (EDF).

LOUISVILLE, Ky., Dec. 1, 2000 (PRNewswire) – LG&E Power Inc., a wholly owned subsidiary of LG&E Energy Corp. (NSYE: LGE), announced today that it has entered into a Put and Call Agreement with Dominion Virginia Power, a subsidiary of Dominion (NYSE: D), to sell its equity interests in three 70 MW coal-fired cogeneration power projects in Altavista, Hopewell and Southampton, Virginia.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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