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Samsung Sells Stake in 270-Megawatt Ontario Wind Farm


A Samsung C&T Corp. unit sold its stake in a 270-megawatt wind farm in Ontario to a group of investors comprising Axium Infrastructure Inc., Alberta Teachers’ Retirement Fund Board and Manulife Financial Corp.

Axium and its partners bought one-third of the K2 wind farm from Samsung Renewable Energy, the Montreal-based infrastructure investor said in an e-mailed statement Tuesday. Pattern Energy Group Inc. and Capital Power Corp. own the remainder.