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Kalina Power Limited ( (AU:KPO) ) has provided an announcement.
Kalina Power Limited has significantly expanded its land holdings in Alberta, Canada, securing two new locations to meet the increasing demand for co-located data centers and gas-fired power projects with carbon capture capabilities. These strategic acquisitions increase Kalina’s total secured land area to 785 acres, enabling the potential deployment of up to 1.7 GW of Power-CCS plants. This expansion positions Kalina to capitalize on the rising market for data center power solutions, enhancing its industry position and offering stakeholders opportunities to benefit from its growing portfolio.
More about Kalina Power Limited
Kalina Power Limited operates within the energy sector, focusing on the development of natural gas-fired combined cycle power plants with Carbon Capture and Sequestration (Power-CCS) technology. The company aims to address the growing demand for energy solutions suitable for large-scale data centers, notably in Alberta, Canada, a leading destination for data center activity.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €14.96M
Learn more about KPO stock on TipRanks’ Stock Analysis page.