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Osaka Gas and ESB sell Bizkaia Energia SL to ArcLight Capital Partners

May 01. 2014

Osaka Gas and Electricity Supply Board (ESB) have completed the sale of their ownership interest in Bizkaia Energia SL (BESL) to ArcLight Capital Partners LLC, a US based energy investment fund.

Osaka Gas participated in BESL, a 755MW power generation plant located in Amorebieta-Etxano in Spain, upon its start of commercial operation in 2005. Osaka Gas and ESB each held 50% equity interest in the IPP plant.

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