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Stocks in play: AltaGas Ltd.

Baystreet.ca

Has entered into a definitive agreement for the sale of its portfolio of U.S. distributed generation assets held by its subsidiaries WGL Energy Systems, Inc. and WGSW, Inc., to TerraForm Power, Inc., an affiliate of Brookfield Asset Management, for total gross proceeds of approximately $940 million ($720 million U.S.), subject to customary closing conditions. The transaction is expected to close in the third quarter of 2019. AltaGas Ltd. shares T.ALA are trading up $0.82 at $20.44.