Earlier this year, PowerGen was awarded exclusive negotiating rights for Mibrag by the Treuhand, the agency charged with disposing of assets of the former East German government. Under Morrison-Knudsen's agreement with NRG and PowerGen, it will be the mine operator with a one-third equity interest in the surface brown coal mines. The mines, 155 kilometres south-west of Berlin, are expected to produce 15 to 25 million tonnes of brown coal a year.Reuse content
A THIRD company, Morrison Knudsen, has been recruited into the PowerGen-led consortium formed to acquire certain assets of Mitteldeutsche Braunkohlewerke AG, a German state-owned mining and reclamation company. The other consortium member is NRG Energy, a subsidiary of Northern States Power.