OPC Energy to Acquire Remaining 11% Stake in CPV Shore Power Plant

Reuters10-29
OPC Energy to Acquire Remaining 11% Stake in CPV Shore Power Plant

Kenon Holdings Ltd.'s subsidiary OPC Energy Ltd. announced that its 70%-owned subsidiary, CPV Group LP, has agreed to acquire the remaining approximately 11% ownership interest in CPV Shore Holdings, LLC, a 725 MW power plant in New Jersey. Upon completion, the project will be consolidated in CPV's and OPC's financial statements.

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