Canadian Hydro ends offshore prospect agreement
CALGARY, ALBERTA - Canadian Hydro Developers, Inc. has terminated its previously announced definitive agreement with Wasatch Wind, Inc. to acquire a subsidiary of Wasatch that is developing a 4,400 MW offshore wind prospect located in Lake Erie.
Wasatch is a private U.S.-based renewable energy company. Terms of the Agreement remain confidential.
On October 23, TransAlta Corporation's acquired approximately 87 per cent of the outstanding common shares of Canadian Hydro. Canadian Hydro now believes that based on the growth opportunities available, off shore wind is not a priority at this time.
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ATLANTA - Power has been restored at the world’s busiest airport after a massive outage Sunday afternoon left planes and passengers stranded for hours, forced airlines to cancel more than 1,100 flights and created a logistical nightmare during the already-busy holiday travel season.
An underground fire caused a complete power outage Sunday afternoon at Hartsfield-Jackson Atlanta International Airport, resulting in thousands of canceled flights at the world's busiest terminal and affecting travelers worldwide.
The massive outage didn’t just leave passengers stranded overnight Sunday, it also affected travelers with flight Monday morning.
According to Paul Bowers, the president and CEO of Georgia Power, “From…
