Liberty Mills, Soorty, and Procon Engineering to acquire the thermal energy assets portfolio of Engro Energy for $125m.

Liberty Mills, Soorty, and Procon Engineering, agreed to acquire the thermal energy assets portfolio of Engro Energy, a developer of power projects in Pakistan and beyond, for $125m. “While we take great pride in our contributions in the energy space, it is important that we constantly reevaluate our business portfolio and optimize it to ensure that we remain focused on helping solve the most pressing issues of our time. The SPA with Liberty opens exciting opportunities for growth, innovation, and continued success for both our people and businesses,” Ghias Khan, Engro President & CEO.