MIC offloads stake in energy business

Macquarie Infrastructure Company will sell 49.99% of Thermal Chicago to an affiliate of the John Hancock Life Insurance Company for $29.5m. Sale proceeds will be used to repay MIC’s revolving debt facility of $66.4 million, which matures on 31 March 2010.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this