Small sale
Atlantic Power (NYSE:AT) agrees to acquire AltaGas's (OTCPK:ATGFF) equity ownership interests in two contracted biomass plants in North Carolina and Michigan for $20M. AT will acquire a 50% interest in the Craven County Wood Energy biomass plant in North Carolina, which has been in service since 1990, and a 30% stake in the Grayling Generating Station biomass plant in Michigan, which has been in service since 1992. Both plants are operated by an affiliate of CMS Energy (NYSE:CMS