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International Power America acquires portfolio of peaking generation facilities

July 2008

Client(s) International Power America, Inc.

Jones Day advised International Power America, Inc., one of the largest independent power producers in the United States, in connection with its £439.2 million (US $856.4 million) acquisition, and related US $500 million (approximately) secured financing, of a 1,857 MW portfolio of peaking generation facilities located in Pennsylvania, West Virginia, Ohio, and Illinois from a subsidiary of Tenaska Power Fund, L.P., and an affiliate of Warburg Pincus LLC.

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