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Veresen selling power generation business for $1.18 billion to several buyers

from CBC News

Veresen is selling its power generation business to several buyers for a total of $1.18 billion. The Calgary-based company didn't identify the buyers in its announcement. According to its website, Veresen's power business includes a combination of gas-fired, hydro-electric, wind and other types of alternative energy sources across Canada and in the United States. more

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