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Announced

CIP to acquire a 50% stake in Slough Multifuel from SSE Thermal for $135m.

Synopsis

Copenhagen Infrastructure Partners, a private equity firm, agreed to acquire a 50% stake in Slough Multifuel, a thermal electricity generation facility, from SSE Thermal, an energy company for $135m. “We are pleased to confirm the sale of a 50% stake in our Slough Multifuel project to CIP, bringing an experienced partner on board and delivering value for our shareholders. When completed, Slough Multifuel will play a key role in the UK’s sustainable waste management, diverting thousands of tonnes of waste away from landfill, and instead converting it into a valuable source of energy," Stephen Wheeler, SSE Thermal Managing Director.

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