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Teck cuts wind power ties

Teck Resources (US:TECK) has decided to dump its first investment in wind energy, two years after upping its stake in the carbon-offsetting project.

Mining Journal
Teck’s share of power generation was expected to result in some 85,000 tonnes of CO2-equivalent offsets in 2016

Teck’s share of power generation was expected to result in some 85,000 tonnes of CO2-equivalent offsets in 2016

The Canada-based company has agreed to sell its 49% interest in the Wintering Hills facility to IKEA Canada in return for C$58.6 million (US$44.7 million) of cash. Wintering Hills, an 88MW wind power...

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