OPC Energy Subsidiary CPV Group Takes Full Ownership of Basin Ranch Project

Reuters02-03 19:08
OPC Energy Subsidiary CPV Group Takes Full Ownership of Basin Ranch Project

Kenon Holdings Ltd.'s subsidiary OPC Energy Ltd. announced that CPV Group LP, which is 70% owned by OPC, has completed the acquisition of the remaining 30% interest in the Basin Ranch Project, a gas-fired power plant in Texas with an estimated 1.35 GW capacity. Following this transaction, CPV Group now holds 100% ownership of the Basin Ranch Project.

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