BC Hydro acquires additional interest in 480 MW Waneta Dam
- BC Hydro
- Teck Resources Limited
Related M&A Transactions
BC Hydro has announced it plans to purchase the remaining two-third ownership interest in the Waneta Dam and Generating Station in Trail, B.C. from Teck Resources Limited (Teck) for CAD1.2 billion (US$945 million). The purchase is forecast to have a beneficial financial impact each year, helping to keep rates affordable for BC Hydro’s customers.
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