TransAlta sells 49% of Oklahoma wind portfolio to Ares for $305M, closes $1B Colorado gas acquisition

TransAlta completed the sale of a 49% minority interest in its 500 MW Oklahoma wind portfolio (White Rock West, White Rock East, Horizon Hill) to Ares Infrastructure funds for US$305 million, before customary closing adjustments, as part of a portfolio rotation. TransAlta also closed its acquisition of Colorado gas assets for US$1 billion.

Detected & updated continuously · Source: Nebula