InterGen to sell Mexico assets to Actis for $1.3 bln

InterGen said Dec. 22 that it agreed to sell its business interests in Mexico for $1.256 billion to Actis. The sale is expected to close in Q2. InterGen’s Mexico portfolio includes 2,200 megawatts in operation with six combined-cycle gas turbine projects and a 155 megawatt wind project with partner IEnova. Ontario Teachers’ Pension Plan and China Huaneng Group/Guangdong Yudean Group jointly own InterGen.

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