Prudential Buys Stake in Tenaska’s California Solar Plant
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Prudential Financial Inc. bought a stake in a California solar power project from closely held U.S. power generator Tenaska Inc.
Prudential Capital Group bought a minority interest in the 130-megawatt Tenaska Imperial Solar Energy Center South project near El Centro, California, the Omaha, Nebraska-based company said today in a statement. Terms of the transaction are confidential, according to the statement.