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Chevron's $3 Billion Asian Sale Said to Attract CIC, Ormat 2 hours ago

2016-04-12 19:59:31| Grocery - Topix.net

Sovereign fund China Investment Corp., Malakoff Corp. and Ormat Technologies Inc. are among companies weighing bids for Chevron Corp.'s Asian geothermal assets, which could fetch as much as $3 billion, people with knowledge of the matter said. Philippine geothermal energy producers Energy Development Corp. and Aboitiz Power Corp. and Japanese trading house Marubeni Corp. are also weighing offers for the assets, the people said, asking not to be identified as the information is private.

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