18th Feb 2021 15:02
18 February 2021
ContourGlobal plc
ContourGlobal Confirms Closing of Previously Announced Acquisition of Contracted Operating Power Plants in the United States and Trinidad and Tobago
ContourGlobal plc ("ContourGlobal") confirms that it has completed today the previously announced acquisition from Western Generation Partners, LLC ("WGP") of a portfolio of natural gas-fired and combined heat and power assets (the "Acquisition"). The Acquisition includes 1,502 MW of generation plants located in the US and Trinidad and Tobago and was acquired for $837 million on a debt free, cash free basis.
INQUIRIES
Investor Relations - ContourGlobal
Alice Heathcote
Tel: +44 (0) 203 626 9077
Media - Brunswick
Charles Pretzlik/William Medvei
Tel: +44 (0) 207 404 5959
About ContourGlobal
ContourGlobal is listed on the premium segment of the London Stock Exchange (TKR: GLO). ContourGlobal is an international owner and operator of contracted wholesale power generation businesses. It owns and operates approximately 6,309 MW in 119 power plants in 20 countries and four continents.
Related Shares:
GLO.L