Mitsubishi to sell 36.5% stake in Astoria I power plant to investor consortium

Mitsubishi & Co. has agreed to sell its entire 36.5% economic interest in the Astoria I gas-fired power generation project in New York City to a consortium including APG, MEAG, Clal Insurance and other US institutional investors.

“This asset divestment was conducted as a part of the strategic asset recycling.”mitsubish.co

• 2 sources
• mitsubish.coMitsubishi to Sell Its Interest in Power Generation Project in the U.S.A. | 2020 | Releases | MITSUBISHI & CO., LTD.Jan 17, 2020
• nsenergybusiness.comAPG-led consortium to buy stakes in 1.2GW Astoria Energy power plantsBV SwagathJan 20, 2020

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