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Article: Partial sale of Pacific Hydro.

Article from:
Australasian Business Intelligence
Article date:
September 20, 2009
Copyright

Byline: Jeffrey Hutton

Sep 20, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Private equity group, Infrastructure Funds Management, plans to sell a stake in Pacific Hydro. It paid $A925 million for the hydro-electric and wind power company, taking it private. It has increased its portfolio of renewable energy projects and expects the business to be valued at up to $A2 billion. The fund is ...

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