Dive Summary:
- Atlantic Power Corp. has entered into an agreement with Veolia Environment SA to acquire all of the outstanding shares of Ridgeline Energy Holdings Inc.
- The acquisition will include 20 wind projects in the U.S. totaling about 1,000 MW from Ridgeline, as well as other projects from Rockland and Meadow Creek.
- Atlantic Power will also integrate Ridgeline's team of over 30 employees.
From the article:
Atlantic Power Corp. (NYSE: AT) (TSX: ATP) has announced that it has entered into an agreement with Veolia Environnement SA to acquire all of the outstanding shares of Ridgeline Energy Holdings Inc., a wholly-owned subsidiary of Eolfi SA. ...