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TransAlta Corporation Closes US$305 Million Oklahoma Wind Portfolio Sale and US$1 Billion Colorado Gas Acquisition
Source: Nasdaq
M&A & RestructuringRenewable Energy TransitionEnergy Markets & PricesCompany Fundamentals
TransAlta closed the sale of a 49% minority ownership interest in its 500 MW Oklahoma wind portfolio to Ares Infrastructure funds for US$305 million in cash proceeds, before customary closing adjustments. The provided article text is truncated, so it does not specify further transaction terms or the proceeds’ intended use.
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