May 24 (Reuters) - Veresen Inc VSN.TO
* Agreement for sale of its 33 megawatt glen park hydro
power generation facility for proceeds of us$61 million plus
working capital at closing
* Transaction is not expected to have a material impact on
veresen's 2016 financial performance
* Maintaining its full year distributable cash guidance of
$0.94 per common share to $1.08 per common share
* Expects distributable cash from power business to remain
in range of $47 million to $54 million for 2016
Source text for Eikon: ID:nMKWRHY43a
Further company coverage: VSN.TO
(Bengaluru Newsroom: +1-646-223-8780)