(Bloomberg) -- Goldman Sachs Group Inc., the world's biggest securities firm, plans to take advantage of higher prices for power plants by selling most of its stake in 14 of the 18 operations it owns through Cogentrix Energy Inc.
``We have initiated an auction of a significant portion of Cogentrix Energy Inc. power generation assets,'' said Ed Canaday, a Goldman spokesman in New York. He declined to comment further.
Read more at Bloomberg Energy News
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