IPSA lines up turbines sale
Issue 214
- 30 Jul 2011
| 2 minute read
IPSA Group, which is listed on London’s Alternative Investment Market and Johannesburg Stock Exchange, has finally announced the sale of its four Siemens Westinghouse 701 DU gas turbines, in deals worth $66m. The deals will help IPSA to overcome its debt problems, escaping a difficult situation by exploiting the global increase in turbine prices
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