Chubu ElectricPower Co. Inc. has transferred its equity interests in Chubu TTEnergy Management Inc. to joint venture JERA Co. Inc. alongside stakes incertain U.S. generating facilities, according to a July 6 release.
JERA is 50% owned by Chubu Electric and 50% by .
Chubu Electric held a 17.5% indirect, non-controlling equitystake in each of the Kiamichi, Georgia,Virginia andTenaska Central Alabamagas-powered facilities.
Chubu Electric also held an 11.1% noncontrolling stake inthe Gatewaygas-fired facility. (EC16-98)