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Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces that it has entered into an agreement (the "Agreement") to acquire 25% of the equity interest in Vicinity District Energy ("Vicinity" or the "Company") for cash consideration of approximately $450 million in connection with a sale of the Vicinity business. 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 majorit
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