TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion
TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion June 3 (Reuters) - TransAlta Corp TA.TO said on Wednesday it will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone BX.N for about $1 billion.
(Reporting by Sumit Saha in Bengaluru; Editing by Arun Koyyur)