TransAlta Sells 49% Stake in Oklahoma Wind Portfolio to Ares for USD 305 Million

Bitget2026/10/22 13:17

By:Bitget

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TransAlta today completed its acquisition of Colorado natural gas assets from Blackstone for US$ 1 billion.
The purchase price includes the assumption of US$ 750 million of senior secured project-level debt.
The acquired assets comprise two new, fully contracted natural gas-fired peaking facilities totaling 318 MW near Denver.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TransAlta Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610220916PRIMZONEFULLFEED9851215) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TransAlta Sells 49% Stake in Oklahoma Wind Portfolio to Ares for USD 305 Million

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