Atlantic Power buying wind and solar power developer Ridgeline Energy for $88M

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BOSTON - Atlantic Power Corp. (TSX:ATP) is acquiring renewable power developer Ridgeline Energy Holdings Inc. in a deal worth $88 million. Ridgeline Holdings has three U.S. wind projects — two in operation and one that will be completed at year end — totalling 150 megawatts. It also has a wind and solar development pipeline of more than 20 projects in the U.S. totalling approximately 1,000 megawatts.

Organizations: Atlantic Power, TSX, Ridgeline Energy Holdings Ridgeline Holdings

Geographic location: U.S., BOSTON

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