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TransAlta Enters Memorandum of Understanding for Data Centre Development at Keephills Site with Potential to Scale Up to 1 GW
The MOU includes an initial long-term power purchase agreement of about 230 MW with potential to scale up to 1 GW, leveraging TransAlta's exclusive site and power capacity.
- On Feb. 26, 2026, TransAlta Corporation signed a Memorandum of Understanding with Canada Pension Plan Investments and Brookfield to advance phased data-centre development at its Keephills site, naming TransAlta the exclusive site and power provider.
- TransAlta, a major power generator, scheduled an Investor Day — March 23, 2026 to share its strategy and outlook, the company said.
- The memorandum also calls for evaluating further phases that could aggregate to up to 1 Gigawatt of load, with an initial long-term 230 MW PPA at the Keephills site.
- TransAlta warned investors that its news release classifies the MOU’s expansion potential as forward‑looking and not a fact, citing risks such as permitting and approvals in its cautionary statement.
- Earlier, TransAlta secured a 230 MW AESO allocation on Oct. 3, 2025, and its 2026 outlook shows Adjusted EBITDA between $950 million and $1,050 million.
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TransAlta Reports Fourth Quarter and Year End 2025 Results, Announces Data Centre Agreement, Declares Dividend Increase and Provides 2026 Outlook
CALGARY, Alberta, Feb. 27, 2026 (GLOBE NEWSWIRE) — TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for…
·Canada
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The Hamilton Spectator+2 Reposted by 2 other sources
TransAlta signs data centre deal with CPP Investments and Brookfield
CALGARY - TransAlta Corp. has signed a deal with the Canada Pension Plan Investment Board and Brookfield to be the exclusive site and power provider for a data centre in Alberta.
·Hamilton, Canada
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Coverage Details
Total News Sources6
Leaning Left2Leaning Right1Center0Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 33%
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