(EnergyAsia, July 4) — Canada’s TransCanada Corporation said it has reached an agreement to sell its approximate 11% in Indonesia’s PT Paiton Energy Company to subsidiaries of Japan’s Tokyo Electric Power Company for US$103 million. Paiton Energy owns two 615 megawatt coal-fired power plants in East Java, Indonesia. The transaction is expected to close in…

This article is for Subscriber members only.
Log In Register