Berkshire Hathaway unit buying AltaLink for $2.92B

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Berkshire Hathaway Inc.’s energy unit is buying the rest of Canadian power transmission provider AltaLink for 3.2 million Canadian dollars (about $2.92 billion).

Berkshire Hathaway Energy is buying SNC-Lavalin’s equity stake in AltaLink. This will give Berkshire Hathaway Energy full equity ownership of AltaLink.

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