Ontario Teachers' among investors exploring sale of InterGen
Burlington, Massachusetts-based power generation provider InterGen said its shareholders are exploring a potential sale of the business. The announcement, made in response to media speculation, confirmed that InterGen and its shareholders are looking into the possibility of a sale or a change in ownership structure. The company is jointly owned by Ontario Teachers’ Pension Plan and China Huaneng Group-Guangdong Yudean Group. Ontario Teachers' acquired its 50 percent interest as part of a $2.2 billion acquisition deal in 2005.
11 April 2017•2 mins read
