I dont think there is a need to worry about foreign takeover of power companies. both sides of the border pay the same market rate for power. Also the ones making the offer are known as expansionists, sure they have done this via debt financing but they currently have over 10K of MW generation projects underway in the US.
More power generation in Alberta would be welcome IMO.
The mused in the G&M that this offer was likely made to spur other offers and to make TransAlta's board more open to looking for a takeover.
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MYK - Supports Arizona to democtratically pass laws for the state of Arizona
Rudy was the only hope in 08
2011 Election: Cons 40% - Nanos 38% Ekos 34%
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