Japanese trading house Marubeni Corp has fully bought over Hongkong’s independent power producer Sithe Asia Holdings Ltd for an undisclosed amount. With the deal, Marubeni has boosted its power generation capacity in Asia to 2,030 MW from 1,220 MW. Sithe Asia Holdings, previously owned by Sithe Energies Inc. of the US, develops, builds and manages…
JAPAN: Trader Marubeni buys over Hong Kong’s power company Sithe Asia Holdings
Posted on December 3, 2003 by EnergyAsia