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Epcor Power L.P.
EPCOR Power L.P. and EPCOR Power Equity Ltd. announce agreement to acquire Morris Cogeneration LLC
September 27th, 2008
EPCOR Power L.P. (TSX: EP.UN) (the Partnership) and EPCOR Power Equity Ltd. (TSX: EPP.PR.A) (the Corporation), a subsidiary of the Partnership announced that a definitive agreement has been signed to acquire 100 per cent equity interest in Morris Cogeneration LLC (Morris facility) from Diamond Generating Corporation and MIC Nebraska, Inc., both wholly-owned subsidiaries of Mitsubishi Corporation. The acquisition price is U.S. $77 million, subject to closing adjustments. The Morris facility is a 177 megawatt (MW) natural gas-fired cogeneration facility located on Equistar Chemicals LP's (Equistar) chemical plant in Morris, Illinois, near Chicago. The facility began...
Source: Law & Health Weekly (2008-09-27)
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