TransAlta Closes Acquisition of Heartland Generation
December 10, 2024 TransAlta Corporation announced that it has completed its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. (collectively, Heartland) from Energy Capital Partners (ECP). The acquisition, which includes Heartland’s entire business operations in Alberta and British Columbia, was completed for an aggregate purchase price of $542 million, reduced by approximately $95…