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| SNC-Lavalin closes transaction for full ownership of Altalink Canadian-based engineering giant SNC-Lavalin announced that it has closed the previously announced acquisition of Macquarie Essential Assets Partnership's (MEAP) 23.08% ownership interest in Calgary-based AltaLink L.P. As a result of the transaction, SNC-Lavalin now has full ownership of AltaLink. AltaLink is Canada's only fully independent transmission company, and is responsible for the maintenance and operation of approximately 12,000 kilometres of transmission lines and 270 substations in Alberta. It owns more than half of Alberta's transmission grid and serves 85 per cent of its population. write your comments about the article :: © 2011 Construction News :: home page |