Under the agreement, TransAlta has agreed to sell Heartland’s Poplar Hill and Rainbow Lake electricity generating businesses in Alberta
has reached a deal with the Competition Bureau to address the regulator’s concerns about its plan to acquire Heartland Generation Ltd. and its power generation business in Alberta and B.C.
The sale will be made to one or more independent purchasers to be approved by the Commissioner of Competition in a move to resolve the competition concerns arising from the proposed transaction.
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