CALGARY, ALBERTA--(Marketwire - Oct. 28, 2010) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced the $700 million Halton Hills Generating Station (HHGS) is officially operational and was completed on time and on budget. Halton Hills will operate under ...

TransCanada Corporation today announced that it has entered into an agreement to sell its Coolidge Generating Station to SWG Coolidge Holdings, LLC, a wholly owned subsidiary of Southwest Generation Operating Company, LLC, for approximately US$465 million (Cdn$623 million), subject to closing adjustments and customary regulatory approvals. Located in Coolidge, Arizona, the Coolidge Generating Station is a 575-megawatt natural gas-fired power facility that is underpinned by a long-term power purchase agreement (PPA).

Compressor stations keep the natural gas flowing at a desired flow rate by mechanically re-pressurizing the gas along the pipeline.