The American power firm was hard-hit by the western U.S. energy crisis of 2000-01 and the recession-linked decline in the price of power that its plants produce.
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US Giant Begins Multi-Billion Dollar Sale
First sales will come from impressive international power portfolio....
Edison Mission Energy, a unit of Edison International, has begun to seek buyers for its multi-billion dollar international power portfolio, with bids due by mid-March.
The sale follows an announcement that the company would like to sell some or all of its offshore assets to bolster its balance sheet.
The American power firm was hard-hit by the western U.S. energy crisis of 2000-01 and the recession-linked decline in the price of power that its plants produce.
The American power firm was hard-hit by the western U.S. energy crisis of 2000-01 and the recession-linked decline in the price of power that its plants produce.
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