# TransCanada sells four power assets to Helix Generation for $2.2B

TransCanada announced the sale of its Ravenswood, Ironwood, Ocean State Power and Kibby Wind assets to Helix Generation LLC for US$2.2 billion, as part of financing for its Columbia Pipeline Group acquisition.

- Type: Acquisition
- Announced: 2016-11-01
- Where: United States
- Value: $2.20B
- Status: announced
- Products: electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TransCanada](https://endata.com/companies/2792.md)
- [Helix Generation](https://endata.com/companies/19876.md) (acquirer)
- [LS Power Equity Advisors](https://endata.com/companies/19877.md) (partner)

## Sources

- [financialpost.com](https://financialpost.com/energy/transcanada-sells-u-s-power-assets-expected-to-deliver-us3-7-billion/), 2016-11-01: "Helix Generation LLC will buy the assets for US$2.2 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.