SYDNEY (AFX-ASIA) – Australian Gas Light Co Ltd (AGL) said its New Zealand unit, NGC Holdings Ltd, has signed a conditional agreement to sell its interest in the Taranaki combined cycle power station to Contact Energy Ltd for A$500 million. (US$1=A$1.7). It has also signed a deal with Trustpower Ltd to sell its stake in…
AUSTRALIA: AGL NZ unit agrees to sell Taranaki, Cobb power stations for A$592.5 m
Posted on February 5, 2003 by EnergyAsia