Acquisition of Four Ontario Natural Gas-Fired Power Plants by TransAlta
One of 10,000+ projects Taiyo tracks in Ontario.
Source: BNN Bloomberg
TransAlta Corp. has signed a deal to buy Far North Power Corp. and its four natural gas-fired power plants located in Iroquois Falls, Kingston, North Bay, and Kapuskasing, Ontario. The acquisition will add 310 megawatts of capacity to TransAlta's portfolio, increasing its total capacity to 1,300 MW. The deal is expected to close by early in the first quarter of 2026 and will be financed using cash
- Status
- Prospective
- Sector
- Natural Gas, Power Generation (CCGT)
- Location
- Ontario, Canada
- Updated
- 22 Jul 2026
- Source
- BNN Bloomberg
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | TransAlta Corp. has signed a deal to buy Far North Power Corp. and its four natural gas-fired power plants located in Iroquois Falls, Kingston, North Bay, and Kapuskasing, Ontario. The acquisition will add 310 megawatts of capacity to TransAlta's portfolio, increasing its total capacity to 1,300 MW. The deal is expected to close by early in the first quarter of 2026 and will be financed using cash on hand and credit facilities. |
Original sector | Energy |
Budget |
Location
Country | Canada |
State | Ontario |
Source
Source | BNN Bloomberg |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Generation (CCGT) |
Article published date | 2025-11-20 |
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