Brief: TransAlta Says Acquisition Of Two New Natural Gas-Fired Peaking Facilities Totaling 318 MW

TransAlta

03/06/2026 22:33

June 3 (Reuters) - TransAlta Corp TA.TO:
TRANSALTA ANNOUNCES THE ACQUISITION OF TWO FULLY-CONTRACTED GAS ASSETS IN COLORADO AND CONCURRENT $350 MILLION BOUGHT DEAL OFFERING OF COMMON SHARES
TRANSALTA CORP - TOTAL TRANSACTION VALUE OF US$1.0 BILLION INCLUDES ASSUMPTION OF US$750 MILLION OF DEBT AND US$250 MILLION OF EQUITY
TRANSALTA CORP - ACQUISITION OF TWO NEW NATURAL GAS-FIRED PEAKING FACILITIES TOTALING 318 MW
TRANSALTA- ASSETS EXPECTED TO ADD ABOUT $80 MILLION OF ADJUSTED EBITDA PER YEAR FROM 162 MW MOUNTAIN PEAK POWER AND 156 MW CANYON PEAK POWER FACILITIES
TRANSALTA CORP - ENTERED INTO AN AGREEMENT WITH A SYNDICATE OF UNDERWRITERS LED BY CIBC CAPITAL MARKETS AND RBC CAPITAL MARKETS
TRANSALTA - UNDERWRITERS TO PURCHASE ON BOUGHT DEAL BASIS, 18.2 MILLION SHARES OF TRANSALTA AT $19.20 PER SHARE FOR GROSS PROCEEDS OF ABOUT $350 MILLION
TRANSALTA CORP - DEAL EXPECTED TO DELIVER IMMEDIATE LOW-TO-MID SINGLE DIGIT ACCRETION TO FREE CASH FLOW PER SHARE
Source text: ID:nGNXbJS1jf
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