Fortis to buy interest in a hydro project from Teck Resources
- BC Hydro
- Canadian Imperial Bank of Commerce (CIBC)
- Teck Resources Limited
Related M&A Transactions
Fortis Inc.and Teck Resources Limited have announced an agreement under which Fortis will purchase Teck’s two-thirds interest in the Waneta Dam and related transmission assets in British Columbia, Canada, for CAD1.2 billion cash (US$878 million).
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