Chevron Said to Narrow Bids for $3 Billion Asian Geothermal Sale

Updated on
  • China General Nuclear Power invited for second-round bid
  • CGN competing with group that includes Marubeni, Aboitiz

China General Nuclear Power Corp., the country’s biggest nuclear power operator, has been invited to make a second-round bid for Chevron Corp.’s Asian geothermal energy assets, which could fetch $3 billion, according to people with knowledge of the matter.

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