Business News • MarketWire • Just Energy Group Inc. Announces Closing of the Sale of Terra Grain Fuels Inc. |
Just Energy Group Inc. Announces Closing of the Sale of Terra Grain Fuels Inc. |
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Just Energy Group Inc. Announces Closing of the Sale of Terra Grain Fuels Inc.
TORONTO, ONTARIO--(Marketwired - Dec. 24, 2013) - Just Energy Group Inc. (TSX:JE)(NYSE:JE) ("Just Energy") is pleased to announce that it has closed its previously announced sale of Terra Grain Fuels Inc. ("Terra Grain"), an ethanol producer located in Belle Plaine, Saskatchewan, to a group of Saskatchewan businesses (the "Purchaser"). Pursuant to the transaction, the Purchaser acquired Terra Grain for a nominal purchase price. Additionally, Just Energy was released from all of its obligations to service providers to Terra Grain under letters of credit and guarantees.
View More : http://www.marketwired.com/mw/release.do?id=1865262&sourceType=3
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