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JERA agreed to acquire a 50% equity interest in Linden Cogen Holdings LLC, owner of a 972MW natural gas-fired cogeneration complex in New Jersey, from funds managed by Oaktree Capital Management and Ares Management.
“JERA today announced that it has agreed to acquire a 50% equity interest in Linden Cogen Holdings LLC, the owner of a 972MW natural gas-fired thermal power cogeneration complex in the State of New Jersey.”jera.co.jp
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