Green Power Brothers Fire Up New Firm

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  • June 11, 2011

The Calgary brothers who fought and lost a $1.6 billion takeover with giant TransAlta Corp. for their beloved green power company two years ago are back in the game.

BluEarth Renewables Inc., founded last fall, closed its first deal two weeks ago, buying with an unnamed institutional partner eight operating hydroelectric plants in Ontario for $640 million.

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