ContourGlobal PLC Closing of Acquisition in US and Trinidad & Tobago (6278P)
19 February 2021 - 02:02AM
UK Regulatory
TIDMGLO
RNS Number : 6278P
ContourGlobal PLC
18 February 2021
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
alice.heathcote@contourglobal.com
Media - Brunswick
Charles Pretzlik/William Medvei
Tel: +44 (0) 207 404 5959
Contourglobal@brunswickgroup.com
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.
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