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Read More »TransCanada buys a plant only to sell it six weeks later
Bloomberg Six weeks ago, TransCanada Corp.closed a deal to buy a power plant in Pennsylvania. On Friday, the company put it back up for sale. The 704-megawatt Ironwood natural gas-fired power complex that TransCanada bought for $657 million from Talen Energy Corp. is back on the block as the company looks for ways to finance another acquisition worth 15 times …
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