Acquisition of Mountain Peak Power and Canyon Peak Power Gas-Fired Plants
One of 10,000+ projects Taiyo tracks in Colorado.
Source: EnergyNow
TransAlta Corp will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion. The assets, Mountain Peak Power and Canyon Peak Power, have a combined capacity of 318 megawatts and are fully contracted under long-term tolling agreements for more than 25 years. The transaction includes assuming $750 million of project-level debt and raising about $2
- Status
- Prospective
- Sector
- Natural Gas, Power Generation (CCGT)
- Location
- Denver, Colorado, United States of America
- Updated
- 22 Jul 2026
- Source
- EnergyNow
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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 will acquire two natural gas-fired peaking facilities near Denver, Colorado, from Blackstone for about $1 billion. The assets, Mountain Peak Power and Canyon Peak Power, have a combined capacity of 318 megawatts and are fully contracted under long-term tolling agreements for more than 25 years. The transaction includes assuming $750 million of project-level debt and raising about $250 million in equity through a share offering. The Canyon Peak facility is set to begin operations in the third quarter of 2026, with the transaction expected to close in early fourth-quarter 2026. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Colorado |
City | Denver |
Source
Source | EnergyNow |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Power Generation (CCGT) |
Article published date | 2026-07-16 |
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