MRP to quit Chilean, German geothermal investments, sticks with US plant

Mon, 15 Dec 2014

Dec. 16 (BusinessDesk) - MightyRiverPower, the first of the state-owned power companies to be partially privatised last year, will quit its geothermal investments in Chile and Germany, while sticking with its interests in the US. The Auckland-based company reviewed its international geothermal investments earlier this year and has decided to embark on a sale process for its assets in Germany and Chile, which are no longer in line with its long-term goals, it said in a statement. It decided to retain the US assets, including an interest in an...

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