Kenon agrees to acquire 25% stake in US district heating and cooling business for about $450 million
KEN•Kenon Holdings agreed to acquire a 25% interest in a US district heating and cooling business for approximately $450 million. Kenon also said it will guarantee a termination fee of up to $40.20 million.
1. Acquisition agreement
Kenon Holdings announced an agreement to acquire a 25% interest in a district heating and cooling business in the United States for approximately $450 million. Kenon said it will guarantee a termination fee of up to $40.20 million.
