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TransAlta buys four Ontario gas plants for $95M, adding 310 MW, closing early 2026.
TransAlta Corp. has agreed to buy four natural gas-fired power plants in Ontario for $95 million from an affiliate of Hut 8 Corp. and Macquarie Equipment Finance Ltd.
The plants, in Iroquois Falls, Kingston, North Bay, and Kapuskasing, add 310 megawatts of capacity, boosting TransAlta’s total to 1,300 megawatts.
The deal, announced November 17, 2025, is expected to close in early 2026 and will be financed with existing cash and credit.
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TransAlta compra cuatro plantas de gas de Ontario por $ 95M, agregando 310 MW, para cerrar a principios de 2026.