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.

[AMEInfo.com]



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Posted: 10|2|07 at 6:18 am. Filed under: News.