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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