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TransAlta acquires long-term contracted solar and wind assets

Calgary, Canada - TransAlta acquires 71 MW of long-term contracted renewable generation assets from an affiliate of Rockland Capital LLC for a purchase price of US$ 75.8 million, together with the assumption of certain tax equity obligations and US$ 41.8 million of non-recourse project debt.

The assets acquired include 21 MW of solar projects located in Massachusetts and a 50 MW wind facility in Minnesota. The assets are contracted under long-term power purchase agreements ranging from 20



Source: IWR Online, 29 Jul 2015

 


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