TransAlta Buys Colorado Gas Plants for 1 Billion Dollars
The Canadian power producer will acquire two natural gas-fired peaking facilities near Denver to support rising electricity demand from data centers. The deal includes 750 million dollars in debt and is expected to close in the fourth quarter of 2026.
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TRANSALTA CORP will acquire two natural gas peaking facilities in the United States from BLACKSTONE INC for $1 billion. The deal adds 318 megawatts of flexible capacity to support rising electricity demand from data centers. The acquisition provides long-term contracted cash flows to fund future growth projects in Canada and the U.S.
