AltaLink, a consortium of investors that includes the giant C$73bn (US$48.4bn) Ontario Teachers Pension Plan (OTPP), has bought TransAlta's electricity transmission network for C$850m (US$562.7m).
Under the terms of the deal, AltaLink will pay C$850m for all of the Alberta based power company's transmission assets, whilst the OTPP will provide all interim debt financing. With the acquisition...
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