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BRIEF-Mangrove And Bluescape Call On Transalta's CEO "To Be More Forthcoming" About Rationale Behind Brookfield Deal

Published 2019-03-29, 08:37 a/m
BRIEF-Mangrove And Bluescape Call On Transalta's CEO "To Be More Forthcoming" About Rationale Behind Brookfield Deal
BEP
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March 29 (Reuters) - Brookfield Renewable Partners LP BEP_u.TO :

* MANGROVE PARTNERS, BLUESCAPE ENERGY COMMENT ON BROOKFIELD'S INVESTMENT IN TRANSALTA

* MANGROVE PARTNERS AND BLUESCAPE ENERGY SAYS TOGETHER HAVE OWNERSHIP OF 10.1% OF TRANSALTA'S OUTSTANDING SHARES

* MANGROVE AND BLUESCAPE - INTEND TO NOMINATE FIVE CANDIDATES FOR ELECTION TO TRANSALTA BOARD AT UPCOMING ANNUAL MEETING

* MANGROVE AND BLUESCAPE - GOAL IS THAT TRANSALTA RETAINS OPTION TO PURSUE/RENEGOTIATE A "BETTER" TRANSACTION THAT ONE WITH BROOKFIELD

* MANGROVE AND BLUESCAPE SAYS CALL ON TRANSALTA'S CEO "TO BE MORE FORTHCOMING" ABOUT RATIONALE BEHIND BROOKFIELD DEAL

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