TransAlta Buys U.S. Wind And Solar Farms From Rockland Capital
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TransAlta Corp., a Canadian electricity producer, agreed to buy 71 megawatts of renewable-energy assets in the U.S., including its first solar projects, for $75.8 million.
The company will also assume $41.8 million of tax-equity obligations and non-recourse project debt, Calgary-based TransAlta said in a statement Monday. It expects to close the deal with Rockland Capital LLC in late September.