Thursday, December 9, 2010

BTU Power Company II (chronologically, irrelevant since it was DISPOSED over 3 years ago): PSEG Sale of MPC to BTU Power Company - October 4, 2004

Public Service Enterprise Group (PSEG) and BTU Power Compay (BTU) announced today (October 4) the signing of an agreement for BTU to purchase from PSEG Global its 50% equity interest in Meiya Power Company Limited (MPC).  BTU will pay approximately $220 million for the shares,.....

"PSEG Global is proud of its role in starting and expanding MPC and establishing it as one of the most successful independent power companies in Asia," said Robert Dougherty, president of PSEG Energy Holdings, Global's immediate parent company.
Link: PSEG sale of Meiya Power Company to BTU Power Company

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