Tags: japan | canada | power plant | america

Japan, Canada Investors to Buy US Power Plant for $2 Billion, Report Says

Tuesday, 02 Jul 2013 07:31 AM

A consortium including Mitsubishi Corp. and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.

Mitsubishi, Japan's Pension Fund Association, Mizuho Bank , the Japan Bank for International Cooperation (JBIC), and Canadian pension fund Omers will acquire all shares in the parent firm of the 1.63-gigawatt power plant, the report said, without citing sources.

The current owners include a Swedish investment fund, said.

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A consortium including Mitsubishi Corp. and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.
japan,canada,power plant,america
84
2013-31-02
Tuesday, 02 Jul 2013 07:31 AM
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