CLP pays $1.8 billion for stakes in Exxon units

Exxon Mobil raises $3.4 billion by selling out of two units to HK utilities group CLP and China Southern Power Grid.

Castle Peak Power owns three coal fired power stations in Hong Kong

Denise Wee

November 19, 2013

Hong Kong utilities company CLP has agreed to buy stakes in two Exxon Mobil units for HK$14 billion ($1.8 billion).

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