Daily Telegraph
Friday 18/7/2008 Page: 85
Allco Finance Group has completed the sale of its US Tehachapi wind farm assets and cut its senior debt by $230 million as a result. Allco announced last month that it and its co-investors had agreed to offload the Californian wind farm, considered one of its best overseas assets, to a US consortium for $346 million. The sale has resulted in an anticipated after tax net share of sale proceeds for Allco of approximately $163 million.
0 comments:
Post a Comment