TransAlta to Acquire 310 MW Contracted Ontario Gas Portfolio for $95 Million
CALGARY, Alberta, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Highlights Purchase price of $95 million, or approximately $306 per kilowatt (kW)Immediately accretive to free cash flow and cash yield upon closing with approximately 68% of the portfolio's gross margin contracted to 2031; attractive recontracting fundamentals longer-termTransAlta's Energy Marketing and Trading team to deliver merchant upside and synergiesAugments and further diversifies TransAlta’s contracted portfolio and enhances competitive position ...