Sithe Global Power Sells Part of Goreway Station

Sithe Global Power LLC, a platform acquisition company owned by The Blackstone Group and Reservoir Capital, has sold a 50% interes in its Goreway Station, an 875MW combined cycle power generating facility in Brampton, Ontario. The buyers were wholly-owned subsidiaries of Chubu Electric Power Company and Toyota Tsusho Corp. No financial terms were disclosed.

9 September 2009•4 mins read
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