Following announcement of the acquisition of CitiPower by Cheung Kong Infrastructure (CKI) and Hong Kong Electric (HKE) from American Electric Power (AEP), Origin Energy said it has agreed to purchase the electricity retail business of CitiPower for A$137 million. (US$1=A$1.76). The transaction is to be concurrent with the purchase by CKI and HKE of the…
AUSTRALIA: Origin Energy to acquire CitiPower electricity retail business
Posted on July 23, 2002 by EnergyAsia