tiprankstipranks
TransAlta to Acquire Heartland Generation for $542 Million
Company Announcements

TransAlta to Acquire Heartland Generation for $542 Million

Story Highlights

TransAlta (TSE:TA) has released an update.

Don't Miss our Black Friday Offers:

TransAlta is set to acquire Heartland Generation from Energy Capital Partners for $542 million, following an $80 million price reduction due to required asset divestitures. This acquisition will enhance TransAlta’s portfolio by adding 1,747 MW of complementary capacity, supporting grid reliability in Alberta and providing significant cash flow benefits.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskTransAlta Acquires Heartland Generation for $542 Million
TheFlyTransAlta to acquire Heartland Generation from Energy Capital for $542M
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App