PRIME TO ACQUIRE ECOGEN ASSETS

摘要

Prime Infrastructure recently announced it will acquire a 50 percent stake in the Victorian Ecogen electricity generation assets from the AES Corporation. The Ecogen asses consist of two gas-fired plants in Victoria, located at Newport and Jeeralang with a total nominal capacity of 960MW. These plants are the subject of a long term electricity hedge agreement with TXU, a major integrated participant in the Victorian energy market. Prime Infrastructure's consortium partners in the venture are Babcock & Brown and its private and institutional equity clients, who will hold the other 50 percent.