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,.....Link: PSEG sale of Meiya Power Company to BTU Power Company
"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.
A compendium of information from PUBLIC DOMAIN sources providing additional perspective on the BTU group of companies (BTU Ventures, BTU Industries, and other affiliates), QGEN, as well as their principals, Wael Al-Mazeedi and Mitsue Oishi. The BTU group of companies are headquartered in Waltham, Massachusetts and should not be confused with Peabody Energy (NYSE: BTU). QGEN should not be confused with Qiagen NV (NASDAQ: QGEN).
BTU Power Company (In Liquidation): CPC & TAPCO Investments
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
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