EGCO Group completed the acquisition of an additional 10% stake in Linden Cogen.

EGCO Group, a holding company with investment in power generation and supply, completed the acquisition of an additional 10% stake in Linden Cogen, a 972MW gas fired cogeneration facility in the US. Financial terms were not disclosed. "EGCO Linden II, a wholly owned subsidiary of EGCO domiciled in the US, has fulfilled all relevant closing conditions under the Equity Purchase Agreement with HPJV1, a co-investor in Linden TopCo, necessary to acquire the 10% ownership interest in Linden TopCo. As a result, EGCO Linden II ownership interest in Linden TopCo has increased to 38%," Tawatchai Sumranwanich, EGCO Group President.