Quintana Selling Kopper Glo; Taking Stake in Buyer
March 27, 2013
Quintana Energy Partners has agreed to sell Kopper Glo to Corsa Coal (TSXV: CSO), a Toronto-based coal mining company, for approximately $60 million. Concurrently, Quintana Energy Partners has agreed to acquire a controlling position in Corsa Coal. Kopper Glo is a coal producer and sales company located in Central Appalachia. Based in Knoxville, it has been a portfolio company of Quintana since 2007.