Globeleq Sells Interest in Guatemalan Geothermal Generator

Houston, Texas [] Globeleq, the emerging markets power company, announced that it had completed the sale of an approximately 14% interest in Orzunil I de Electricidad Limitada, a 24-megawatt geothermal generator in Guatemala, to OrPower 3 Inc., a wholly owned subsidiary of Ormat, the majority owner of the power plant. Globeleq has managed the investment on behalf of its shareholder, CDC.
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