Kenon Holdings Ltd

NYSE:KEN   1:14:14 PM EDT
32.73
+0.22 (+0.68%)
Debt Financing / Related, Mergers / Acquisitions

OPC Energy Signed Letter Of Intent To Acquire U.S Company CPV

Published: 09/16/2020 19:59 GMT
Kenon Holdings Ltd (KEN) - Opc Energy Enters the Field of Electricity and Renewable Energy in the United States: Signed Letter of Intent to Acquire U.
S Company Cpv With Investment of $ 700-800 Million.
Opc Energy - Notes That Its Holding in Acquired Company May Be About 70%.
Opc Energy - Intends to Bring in a Number of Institutional Investors From Israeli Capital Market As Partners in Transaction.
Opc Energy - Deal Financing Expected to Be Based on Raising Capital, Raising Debt, Cash Balances, Or a Combination of Them.
Opc Energy - Kenon Holdings, Which Controls Opc Would Seriously Consider Participating in Raising Capital for Deal Financing.