TransAlta and MidAmerican Form Joint Venture to Build Sundance 7 Gas Power Plant in Alberta, Canada - Deal Analysis from GlobalData - New Study Released
On October 26, 2012, TransAlta Corporation (TransAlta), a Canada-based power generation company, entered into a partnership with MidAmerican Energy Holdings Company (MidAmerican), a leading provider of energy services, to build the 800 Megawatt (MW) natural gas-fueled Sundance 7 project based in Alberta, Canada and funded on a 50:50 basis. The companies also plan to invest in more natural gas-fueled power generation projects in the future. The creation of this partnership is a new development in the existing relationship of the...
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