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Taqa sells stake in Emirates CMS
- United Arab Emirates: Tuesday, October 02 - 2007 at 09:18
Abu Dhabi National Energy Company (Taqa) has sold a 40% stake in the Emirates CMS Power Company to Japan's Marubeni Corporation for US$140m, reported Emirates Today. Taqa had acquired the stake as part of its purchase of CMS Generation from CMS Energy Corporation for US$900m in February.
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Jeff Florian, Senior ReporterTuesday, October 02 - 2007 at 09:18 UAE local time (GMT+4)
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