TransAlta Corporation completes acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd.
Acquiring Company
TransAlta
Acquired Company
Heartland Generation
CalgaryCalgaryOtherEnergyOil And GasRenewable EnergyEnergyRenewable EnergyDescription
TransAlta Corporation announced the completion of its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. from Energy Capital Partners for a net cash payment of $215 million. With the inclusion of Heartland's entire business operations in Alberta and British Columbia, this acquisition reinforces TransAlta's commitment to long-term value creation and expansion in the energy industry.
Quick answer
TransAlta is acquiring Heartland Generation, announced December 4, 2024. TransAlta is based in Calgary, Alberta, Canada.
- How much did TransAlta pay for Heartland Generation?
- The deal value was not disclosed.
- What does TransAlta do?
- TransAlta Corp. is a Canadian power generator with a diverse portfolio of generation facilities across North America.
- Where are TransAlta and Heartland Generation based?
- TransAlta is based in Calgary, Alberta, Canada. Heartland Generation is based in Calgary, Alberta, Canada.
- Who are the decision-makers at TransAlta?
- Fundz holds 1 contact at TransAlta. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Heartland Generation?
Heartland Generation was acquired by TransAlta, based in Calgary. The deal was reported on December 4, 2024. TransAlta Corp. is a Canadian power generator with a diverse portfolio of generation facilities across North America. TransAlta is publicly traded (TAC) and operates in Other.
When did TransAlta acquire Heartland Generation?
TransAlta's acquisition of Heartland Generation was reported on December 4, 2024. TransAlta Corporation announced the completion of its acquisition of Heartland Generation Ltd. and Alberta Power (2000) Ltd. from Energy Capital Partners for a net cash payment of $215 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Heartland Generation do?
Heartland Generation Ltd. is a privately-owned power generation company in Canada. It is privately held, operating in Energy, and is based in Calgary.
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