(EnergyAsia, March 10 ) — Singapore Power Ltd said it has sold off the merchant energy business (MEB) of SPI Australia Group, a wholly-owned subsidiary of Singapore Power, to CLP Power Australia Energy Holdings Pty Limited, a wholly-owned subsidiary of CLP Holdings Limited for A$2.128 billion. This is above the net book value of the…
SINGAPORE: Singapore Power sold off merchant energy business in Australia
Posted on March 10, 2005 by EnergyAsia