US EditionTransAlta Signs Alberta Data Centre Deal with CPP Investments, Brookfield
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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14 Articles
TransAlta signs data centre deal with CPP Investments and Brookfield
Electricity generator TransAlta Corp. has announced plans to power a new data centre west of Edmonton in partnership with the Canada Pension Plan Investment Board and Brookfield, which comes as the Alberta government aims to grow that nascent industry without overburdening its grid.
Prince George Citizen
TransAlta signs Alberta data centre deal with CPP Investments and Brookfield
CALGARY — Electricity generator TransAlta Corp.
TransAlta signs Alberta data centre deal with CPP Investments, Brookfield
Electricity generator TransAlta Corp. has announced plans to power a new data centre west of Edmonton in partnership with the Canada Pension Plan Investment Board and Brookfield, which comes as the Alberta government aims to grow that nascent industry without overburdening its grid. TransAlta said Friday that the memorandum of understanding with the two investment firms sets […]
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…
New Hamburg independent
TransAlta to Host Investor Day
CALGARY, Alberta, Feb. 27, 2026 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) is pleased to announce that it will hold an Investor Day in Toronto on Monday, March 23, 2026.
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