Wednesday, June 13, 2012

Domtar Sells Ottawa/Gatineau


Domtar Corporation today announced the signing by its Canadian subsidiary, Domtar Inc. ("Domtar"), of a Definitive Purchase and Sale Agreement ("the agreement") for the sale of its hydro assets in Ottawa, Ontario and Gatineau, Québec for $45 million. The purchaser is Energy Ottawa Inc. ("Energy Ottawa"), the renewable energy subsidiary of Hydro Ottawa Holding Inc.