Jul
27
Pacific Hydro’s $1.5 Billion Sale Said to Attract AES, Statkraft
ByThe sale of renewable energy developer Pacific Hydro Pty has drawn interest from companies including AES Corp. and Norwegian state power generator Statkraft AS, people with knowledge of the matter said.
Pacific Hydro, which could fetch more than A$2 billion ($1.5 billion), has also attracted U.S.-based TerraForm Power Inc. as a potential suitor, the people said, asking not to be identified as the details are private. Its owner, IFM Investors Pty, will send out detailed information next month and ask for indicative bids in September, according to a sale document seen byBLOOMBERG
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Pacific Hydro’s $1.5 Billion Sale Said to Attract AES, Statkraft
