26.01.2011 - GIC to buy 25pct stake in 5 US power plants
From Channelnewsasia.com: Singapore sovereign wealth fund Government of Singapore Investment Corporation (GIC) has agreed to buy a 24.95 per cent stake in a portfolio of power plants in the United States. The portfolio consists of five natural gas fired power plants owned by energy investment firm ArcLight Capital Partners. ArcLight will retain a 50.1 per cent majority stake, while GIC and GE Energy Financial Services will own 25 per cent each..............................................Full Article: Source
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