Risk.net

Goldman Sachs buys more US power plants

NEGT's transaction with Goldman subsidiary GS Power Holdings II is expected to close in the first quarter of 2005, subject to regulatory and third-party approvals. The plants are located throughout the US and have a combined generating capacity of more than 2,500 megawatts (MW). NEGT's ownership interests in the facilities ranges from 13% to 100%.

The agreement followed a bidding process, in which NEGT sought offers higher or otherwise better than the $558 million negotiated with Denali Powe

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: