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Mirant Sells Interest in Chinese Asset for $300 Million.

Publication: PR Newswire
Publication Date: 31-DEC-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
* Sale Boosts Year-End Liquidity to $1.4 Billion * Proceeds Used to Eliminate Asian Loan, Dividend Block

Mirant today announced that it has completed the sale of its 33 percent economic interest in the Shajiao C power plant in China to China Resources Power Holding Co. Ltd. for $300...

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