# Kineticor and OPTrust acquire 690 MW cogeneration plant from Shell Canada

Kineticor Resource Corp, in partnership with OPTrust, has closed the acquisition of a partially constructed 690 MW cogeneration plant near Peace River, Alberta from Shell Canada. OPTrust also committed a $125 million investment in Kineticor.

- Type: Acquisition
- Announced: 2017-02-17
- Where: near Peace River, Alberta, Canada
- Value: $125.0M
- Status: completed
- Capacity: 690 MW
- Products: cogeneration power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Kineticor Resource Corp](https://endata.com/companies/22294.md) (acquirer)
- [OPTrust](https://endata.com/companies/22295.md) (investor)
- [Shell Canada](https://endata.com/companies/22296.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/kineticor-acquires-power-plant-and-secures-investment-from-optrust-614062053.html), 2017-02-17: "Kineticor, in partnership with OPTrust, has closed the acquisition of a partially constructed 690 MW cogeneration plant located near Peace River, AB from Shell Canada."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.