AltaGas closes $642 mln buy of natgas-fired power facilities
AltaGas Ltd (TSX: ALA) has wrapped up its previously-announced acquisition of GWF Energy Holdings LLC, which holds a portfolio of three natural gas-fired electrical generation facilities in northern California. AltaGas bought GWF for US$642 million from Highstar Capital, a U.S. infrastructure investment firm. Based in Calgary, AltaGas is an energy infrastructure business with a focus on natural gas, power and regulated utilities.
1 December 2015•4 mins read
