(EnergyAsia, August 3) — Houston, Texas-based El Paso Corp said it has agreed to sell several of its Asian power assets to a subsidiary of Globeleq, Ltd. for approximately US$109 million. The assets include power plants in Pakistan, Indonesia, Bangladesh and the Philippines. The sales are expected to close by the end of the fourth…
ASIA: US-based El Paso Corp to sell power assets for US$109 million
Posted on August 3, 2005 by EnergyAsia