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Noble completes disposal of US energy unit for US$800m

Friday, December 2, 2016 - 08:17

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Commodity trader Noble Group said late on Thursday it has completed the disposal of Noble Americas Energy Solutions to Calpine Energy Services Holdco II, following its announcement of the potential sale in October.

COMMODITY trader Noble Group said late on Thursday it has completed the disposal of Noble Americas Energy Solutions to Calpine Energy Services Holdco II, following its announcement of the potential sale in October.

At the closing, the amount paid by the buyers to the sellers was about US$1.16 billion, comprising US$800 million plus the net working capital of US$356 million.

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