Fengate Capital buys stake in Australian cogeneration plant
Fengate Capital Management has acquired an ownership stake in Worsley Multi-Fuel Cogeneration (Worsley MFC), a 104 megawatt multi-fuel cogeneration plant that supplies steam and electricity to the Worsley Alumina refinery in Collie, Western Australia. The deal's value was not disclosed. Worsley MFC is also owned by General Electric Unit (NYSE: GE), GE Energy Financial Services and Whitehelm Capital. Based in Toronto, Fengate is an infrastructure and real estate investment firm.
6 April 2016•2 mins read
