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Canadian Hydro Developers

TransAlta’s takeover is back on, but with friendlier terms

Two Calgary, Alberta-based companies, TransAlta (NYSE:TAC) and Canadian Hydro Developers (TYSX:KHD), appear to have made amends with a sweetened deal.

The companies jointly said today they have entered into a definitive pre-acquisition agreement. TransAlta plans to amend its existing share offer to acquire all the issued and outstanding common shares of Canadian Hydro for C$5.25 per share in cash, for a total value of C$1.6 billion.

Ontario's feed-in tariff prompts 4.4 GW wind acquisition?

September 28, 2009 - by Lisa Sibley - Alberta-based Canadian Hydro purchases the rights to a prospective offshore wind farm from Wasatch Wind. Full Story »

TransAlta’s takeover looks like it’s a no go

July 24, 2009 - by Lisa Sibley - Alberta-based Canadian Hydro Developers’ board of directors unanimously recommends shareholders refuse $589M takeover offer from TransAlta, citing inadequacies.  Full Story »

TransAlta makes hostile $589M takeover bid for Canadian Hydro Developers

July 20, 2009 - by Lisa Sibley - Two Calgary, Alberta-based companies could combine to make the largest publicly traded renewable energy provider in Canada. Full Story »

IPO drought? Cleantech companies flood Canadian markets

June 2, 2009 - by Lisa Sibley - Between the two Canadian exchanges, there are more than 114 cleantech companies, with three new listings in 2009, says Ungad Chadda, TSX’s new senior vice president. Full Story »
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