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TransAlta Completes Heartland Generation Acquisition

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TransAlta Completes Heartland Generation Acquisition

TransAlta (TSE:TA) has released an update.

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TransAlta Corporation has successfully completed its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. for a net cash payment of $215 million. This strategic move enhances TransAlta’s power generation capabilities across Alberta and British Columbia, while complying with federal regulations by planning to divest certain assets.

For further insights into TSE:TA stock, check out TipRanks’ Stock Analysis page.

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