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Article: United States: Algonquin to buy hydro-power assets from Integrys.

Article from:
TendersInfo
Article date:
November 12, 2009
Copyright

Byline: prashant03

Algonquin Power and Utilities Corp (AQN.TO) said it agreed with Integrys Energy Services Inc (TEG.N) to buy certain power generation assets in New Brunswick and Maine.

The company said it will buy three hydroelectric generating stations, including the 34.5 MW Tinker Hydroelectric station located on the Aroostook River near the Town of Perth-Andover, New Brunswick.

It will also buy five legacy thermal stations and certain transmission lines near the generating facilities, it said in a statement.

The company, which operates a portfolio of clean, renewable power generation and utility infrastructure assets across North ...

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