TransCanada Sells Northeast U.S. Power Business, Retains Mexico NatGas Assets
TransCanada Corp. has delivered on a plan to sell its U.S. merchant power assets in the Northeast, announcing that it would earn $3.7 billion for the business to help pay for its acquisition of Columbia Pipeline Group Inc. (CPG). In another move aimed at driving growth, the company said it would retain its interests in a growing portfolio of Mexican natural gas pipeline assets.
Daily GPI Infrastructure M&A Infrastructure NGI All News Access
