Kenon shares are trading lower after the company announced that it has entered into an agreement to acquire 25% of the equity interest in Vicinity District Energy for cash consideration of approximately $450 million in connection with a sale of the Vicinity business.

Kenon To Acquire 25% Stake In Vicinity District Energy ~$450M In Cash

The acquisition is part of a transaction in which the current owner of the Company, an entity related to Antin Infrastructure Partners (the "Seller"), has agreed to sell a majority interest in Vicinity (the

Kenon Hldgs Q2 EPS $0.85 Up From $0.10 YoY, Sales $379.000M Up From $196.000M YoY

Kenon Announces Receipt Of ~$93M In Connection With Payment Of Arbitration Award By The Republic Of Peru

Kenon Holdings Ltd. (NYSE:KEN) (TASE: KEN) ("Kenon") announces that the Republic of Peru has paid the award rendered in the arbitration proceedings before an International Centre for Settlement of Investment