Corsa Coal inks $40M deal giving control to Quintana

Mar 29, 2013 | 10:53 AM | Stacy Irish

Tags  Corsa Coal, Quintana Energy Partners, Kopper Glo, thermal coal, metallurgical coal, Don Charter, George Dethlefsen, Stacy Irish

NEW YORK — Canadian coal producer Corsa Coal Corp. has signed a binding agreement that will give Quintana Energy Partners LP a controlling stake in the company.

In addition to securing a 56-percent stake in Corsa Coal for $40 million, Houston-based Quintana will hold a redeemable 25-percent interest in Wilson Creek Energy LLC, Corsa’s Somerset, Pa.-based subsidiary. ....

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