TransCanada has completed the sale of its northeastern US power generation assets to Helix Generation for $2.1 billion and will wind down TransCanada Power Marketing Ltd. operations. The pipeline giant will use the proceeds to pay off the last bridge facilities used for the $13 billion acquisition of Columbia Pipeline Group last year.The sale to Helix, an affiliate of LS Power Equity Advisors, includes four power facilities that produce close to 4,000 mw. TransCanada......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.