TransAlta announces C$390m acquisition of Heartland Generation

TransAlta announces C$390m acquisition of Heartland Generation

In a definitive move within the energy sector, TransAlta Corporation has entered into a share purchase agreement with Energy Capital Partners, the parent of Heartland Generation Ltd. and Alberta Power (2000) Ltd., to acquire Heartland’s entire business operations in Alberta and British Columbia. The purchase, valued at C$390 million, plus the assumption of C$268 million […]

Tent Mountain Renewable Energy Complex : TransAlta to join pumped hydro energy storage project

Tent Mountain Renewable Energy Complex : TransAlta to join pumped hydro energy storage project

Clean energy company TransAlta will acquire a 50% stake in the Tent Mountain Renewable Energy Complex in Alberta, Canada from Montem Resources for a total consideration of approximately CAD 25 million ($18.55 million). The Tent Mountain project is an early-stage 320MW pumped hydro energy storage development site that is expected to offer 15 hours of […]