TransAlta completes $1 billion acquisition of Colorado natural gas assets from Blackstone
TAC•TransAlta completed its acquisition of Colorado natural gas assets from Blackstone for $1 billion, including the assumption of $750 million in senior secured project-level debt. The assets are two fully contracted peaking facilities totaling 318 MW near Denver.
1. Acquisition completed
TransAlta completed its acquisition of Colorado natural gas assets from Blackstone for US$1 billion. The purchase price includes the assumption of US$750 million of senior secured project-level debt.
2. Facilities near Denver
The assets comprise two new, fully contracted natural gas-fired peaking facilities totaling 318 MW near Denver.
