TransCanada sells Coolidge Generating Station for $465 million

The Coolidge Generating Station is located on Randolph Road east of Eleven Mile Corner Road./ Sean Higgins/ PinalCentral

 

CALGARY, Alberta — A Canadian company is selling its Coolidge-based power plant.

TransCanada announced Monday that it has entered into an agreement to sell the Coolidge Generating Station to a subsidiary of SWG Coolidge Holdings LLC for $465 million.

SWG Coolidge Holdings is a subsidiary of the privately held energy company Southwest Generation Operating Co. LLC based in Denver.

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