Macquarie Infrastructure Closes Sale of 49.99% of District Energy Ops for Usd29.5m

Summary


MANAVIGATOR-December 28, 2009-Macquarie Infrastructure closes sale of 49.99% of district energy ops for USD29.5m (C)2010 M2 COMMUNICATIONS http://www.m2.com

US Macquarie Infrastructure Company (NYSE:MIC) said on Thursday it has wrapped up the sale of 49.99% of its district energy business, Thermal Chicago, to The John Hancock Life Insurance Company and affiliates for USD29.5m (EUR20.5m).

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Macquarie Infrastructure Closes Sale of 49.99% of District Energy Ops for Usd29.5m

The seller said that it will...

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