Levant Exiting APR Energy
March 10, 2011- Share:
Levant Capital is exiting its investment in APR Energy, while Soros Fund Management and Albright Capital Management are investing $250 million in the provider of turnkey temporary power generation services. APR plans to use the new capital to expand its fleet of power generators as well as its operating footprint in South America and Africa. Levant invested $30 million in the company in 2009.
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