Seeking Alpha

Alcoa (AA +2.1%) agrees to sell its Tapoco Hydroelectric Project in Tennessee and North Carolina...

Alcoa (AA +2.1%) agrees to sell its Tapoco Hydroelectric Project in Tennessee and North Carolina to Brookfield Renewable Energy Partners (BRPFF.PK) for $600M. The transaction includes four generating stations and dams, 86 miles of transmission line, and ~14.5K acres of land associated with Tapoco.
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