TransAlta to Sell Alberta Electricity Transmission Network to AltaLink

TransAlta Utilities Corporation announced on July 4, 2001 an agreement to sell its Alberta electricity transmission network for approximately $850 million to AltaLink, a consortium comprised of SNC-Lavalin Energy, Trans-Elect Inc., the Ontario Teachers’ Pension Plan and Macquarie North America Ltd.

The TransAlta legal team was led by Ken Stickland, Executive V.P., Legal and Cynthia Mintz of the TransAlta in-house legal group. McCarthy TĂ©trault LLP provided counsel to TransAlta, including Doug S. Ewens, Q.C. (tax), Terence Dalgleish, Q.C. (regulatory) and Bruce L. MacPhail, Lyle S. Yuzdepski and Richard A. Shaw, Q.C. (corporate/finance). Macleod Dixon LLP was legal counsel to AltaLink including John Carleton (transaction lead/electric energy), Orville Pyrcz (tax), Jack Marshall, Q.C. and Bernie Ho (regulatory), Alan Harvie (environmental/commercial), Rick Borden (finance), and Don Mackimmie, Q.C. and MaryLou McDonald (commercial).


Orville A. Pyrcz Bernette L. (Bernie) Ho Douglas S. Ewens Donald S. MacKimmie Bruce L. MacPhail John J. Marshall Terence Dalgleish Alan S. Harvie Richard A. Shaw Lyle S. Yuzdepski John P. Carleton Richard P. Borden Mary Lou J. McDonald