Cinergy to provide KGen with energy management services
Ohio-based energy company Cinergy yesterday said its marketing and trading affiliates will provide energy management services for power plants owned by KGen Power. Cinergy made the three-year agreement agreement with Kgen, a subsidiary of investment firm MatlinPatterson Global Opportunities Partners II, on August 17.
KGen bought the facilities from Duke Energy North America on August 5 for $475 million. The transaction
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