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Mizuho Financial Group Inc's Mizuho Bank And Consortium To Buy U.S. Power Plant And Parent Company-Reuters


Monday, 1 Jul 2013 08:04pm EDT 

Reuters reported that a consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly JPY200 billion ($2.01 billion). Mitsubishi, Japan's Pension Fund Association, Mizuho Financial Group Inc's Mizuho Bank, the Japan Bank for International Cooperation (JBIC), and Canadian pension fund Omers will acquire all shares in the parent firm of the 1.63-gigawatt power plant, the report said. 

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