Northwest Natural Gas a Seller in FPL Solar Purchase

[] Northwest Natural Gas announced that its subsidiary, NNG Financial Corporation, is one of the companies selling its limited partnership interests in three solar electric generating systems for approximately $3 million to subsidiaries of FPL Energy and Carlyle/Riverstone Energy Partners II. The limited partnerships own interests in solar electric generating systems located in the Mojave Desert in California. NW Natural invested in the projects between 1986 and 1988. NNG Financial Corporation’s ownership interests in the limited partnerships were from 4.0 percent to 5.3 percent.
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