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Canada's Altagas To Acquire Three US Power Plants

Canada’s natural gas processor and utility company AltaGas Ltd. said that it will buy three gas-let go electric power plants in California for US$642 million from a fund keep running by Oaktree Capital Group. Calgary-based AltaGas said it agreed to buy GWF Energy Holdings LLC, which claims the three utilities, from Oaktree Capital’s infrastructure venture centered Highstar Fund IV. They generate a joined 523 megawatts of power and are situated in the San Joaquin towns of Hanford, Tracy a...
United States San Joaquin David Cornhill Southern California Edison Energy Holdings Blythe Energy

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