State buys out TransCanada’s interest in gas project

The state of Alaska has completed its acquisition of TransCanada Corp.’s interest in a major gas project.
Gov. Bill Walker, in a release, called it an historic day.
Legislators earlier this month approved funding for the state to buy out the Canadian pipeline company’s interest in the project, giving the state a greater stake.
The governor’s office says Natural Resources Commissioner Mark Myers finalized the termination of the agreement that established TransCanada’s part