Duet Group (DUETF) 1.9000 $DUETF TransAlta comp
Post# of 273229
TransAlta completes AUD183m Fortescue River Gas Pipeline in Western Australia
M2 - Fri Mar 20, 7:33AM CDT
Power company TransAlta (TSX:TA.TO)(NYSE:TAC) reported on Thursday the completion of the AUD183m Fortescue River Gas Pipeline in Western Australia in partnership with its joint venture partner DBP Development Group, a wholly owned subsidiary of DUET Group.
TAC: 4.69 (+0.02)
TransAlta Completes Natural Gas Pipeline in Western Australia
Marketwire Canada - Thu Mar 19, 6:42PM CDT
TransAlta Corporation (TSX:TA)(NYSE:TAC) and joint venture partner DBP Development Group (DDG, a wholly owned subsidiary of DUET Group (ASXUE)) announced today completion of the Fortescue River Gas Pipeline in Western Australia. The project, TransAlta's first pipeline, was completed within a nine month timeframe and for an estimated total cost of AUD $183 million. It will deliver gas to TransAlta's Solomon power station which services Fortescue Metals Group's (ASX:FMG) mining operations at the Solomon Hub. The power station will now operate on natural gas improving reliability and efficiency.
TAC: 4.69 (+0.02), TA.TO: 6.15 (+0.04)