TransAlta Corp. and Capital Power Corp. completed their swap of ownership interests in the Keephills 3 and the Genesee 3 facilities in Alberta.
Keephills 3 is a 463-MW coal-fired generating facility that started commercial operations in 2011. It is now fully owned by TransAlta.
The 466-MW Genesee 3 coal-fired plant, which started operating in 2005, is now fully owned by Capital Power.
The two generating units had been owned and operated under the companies' joint venture agreements.
