Actis buys Mexican assets of OTPP-owned InterGen for $1.3 bln
U.K. investor Actis has bought InterGen's Mexican portfolio of businesses in a US$1.256 billion deal. The portfolio includes 2,200 megawatts in operation with six combined-cycle gas turbine projects and a 155 megawatt wind project with partner IEnova, as well as three gas compression stations and one 65-kilometre gas pipeline. InterGen, a Burlington, Massachusetts-based power generation provider, is owned by Ontario Teachers’ Pension Plan (OTPP) and China Huaneng Group–Guangdong Yudean Group. Last year, the company said its shareholders were exploring a potential sale.
27 April 2018•3 mins read
