OPC Energy CPV Group gains full ownership of CPV Maryland power plant in asset swap
Kenon Holdings Ltd.
Kenon Holdings Ltd. KEN | 0.00 |
- OPC Energy completed an asset swap at CPV Group that delivers full ownership of CPV Maryland power plant.
- CPV Group acquired partner’s remaining 25% stake in CPV Maryland in exchange for its 10% interest in CPV Three Rivers, with an immaterial cash payment.
- CPV Maryland will be fully consolidated from closing, with OCI tied mainly to hedges expected to be reclassified to income for an estimated USD 28 million loss.
- CPV Group exited CPV Three Rivers as part of transaction, with an estimated USD 7 million capital gain expected on disposition.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OPC Energy Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605130900PR_NEWS_USPR_____LN58469) on May 13, 2026, and is solely responsible for the information contained therein.
