Alliant Closes China Sale

Energy services provider Alliant Energy ( LNT) sold three power facilities in China to Thailand's Banpu PCL for $74 million.

The sale released the company from all debt associated with these facilities, totalling about $15 million, it said. It expects to sell the fourth facility during the second quarter of 2006.

This story was created through a joint venture between TheStreet.com and IRIS.

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