CLP says to buy two power stations in Australia for A$475m

Power supplier CLP said on Thursday it would buy two power stations in Australia from the New South Wales state government for A$475 million (HK$3.5 billion), a move seen as providing further scale to its energy retail, generation and storage assets.

via Business feed http://www.scmp.com/business/companies/article/1290214/clp-says-buy-two-power-stations-australia-a475m