Ontario Power Generation to buy full ownership of Windsor gas plant for $200M

Ontario Power Generation agreed to acquire the remaining 50% stake in a gas plant near Windsor, Ontario from Canadian Utilities for $200 million, taking full ownership.

“The acquisitions (expected to close in late 2019, pending regulatory approvals) are in addition to a $200-million deal to take full ownership of a fourth gas plant — this one in the Windsor, Ont.-area — in which it also previously held a 50 per cent stake.”financialpost.com

• 1 source
• financialpost.comOPG's multi-billion-dollar gas-plant buying spree partly prompted by shifting nuclear landscape: CEO - Financial PostGeoff ZochodneAug 13, 2019

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