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BG Group to sell half of Seabank Power stake to Cheung Kong:report

India Infoline News Service / 17:11 , Apr 30, 2010

The report stated that Seabank Power Limited, a 50:50 joint venture between BG and Scottish and Southern Energy, owns and operates the 1,140 megawatt combined-cycle gas turbine Seabank power plant near Bristol.

BG Group has agreed to sell its half of Britain's Seabank Power Limited to Hong Kong's Cheung Kong Infrastructure Holdings  for a total 211.7 million pounds ($323.2 mln), according to a report.

The report stated that Seabank Power Limited, a 50:50 joint venture between BG and Scottish and Southern Energy, owns and operates the 1,140 megawatt combined-cycle gas turbine Seabank power plant near Bristol.

 



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