Business Services Industry
Brascan Increases Generating Capacity by 47.8% by acquiring 488MW from Ontario Power Generation, in an Advisory by Industrialinfo.com
Business Wire, March 15, 2002
Business/Energy Editors
HOUSTON--(BUSINESS WIRE)--March 15, 2002
The following is an advisory by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Brascan Corporation (NYSE:BSX) (TSE:BNN)(Toronto, Ontario) is acquiring four hydroelectric power stations on the Mississagi River, east of Sault Ste Marie, Ontario, from Ontario Power Generation (TSE:OPG)(Toronto, Ontario). The acquisition will increase company generating capacity by 47.8% from 1,020 mega-watts (MW) to 1,508MW.
For more information including plant equipment and acquisition details, view the entire article at www.industrialinfo.com.
Industrialinfo.com is an exclusive producer of IIR Industry alerts, reporting on breaking news, events, and trends occurring in the global industrial market place. For more information on trends and upcoming construction activities for the Energy and Power markets as well as other industrial sectors send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com or www.iirenergy.com.
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