Canadian Utilities Sells UK Property for $190 Million
December 14 2018 - 5:52PM
Dow Jones News
By Stephen Nakrosis
Canadian Utilities Ltd. on Friday said it completed the sale of
42 acres of land in the east of London, U.K.
The property was the site of the former Barking Power Station,
which was shut down in 2014.
The company said estimated net proceeds from the transaction
will be $190 million, and the sale should close in the fourth
quarter of 2018.
Canadian Utilities Ltd. is a subsidiary of ATCO Ltd.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 14, 2018 18:37 ET (23:37 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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