# TransAlta acquires cogeneration plant in Michigan for US$27M

TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million. The facility includes a GE LM2500 gas turbine and an ABB steam turbine and has been operational since 1991.

- Type: Acquisition
- Announced: 2020-03-17
- Where: Michigan, United States
- Value: $27.0M
- Status: announced
- Capacity: 29 MW
- Products: cogeneration, electricity, steam
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TransAlta](https://endata.com/companies/41082.md) (acquirer)

## Sources

- [stalbertgazette.com](https://www.stalbertgazette.com/national-business/transalta-buying-cogeneration-plant-in-michigan-for-us27-million-2172390), 2020-03-17: "TransAlta Corp. has acquired a cogeneration facility in Michigan from two private companies for approximately US$27 million."
- [nsenergybusiness.com](https://www.nsenergybusiness.com/deals/transalta-cogeneration-plant/), 2020-03-18: "Canadian electricity utility TransAlta has acquired a 29MW cogeneration facility in Michigan from two private companies for nearly $27m."
- [miningconnection.com](https://miningconnection.com/gos/news/article/transalta_acquires_cogeneration_plant_in_michigan_for_27_million), 2020-04-02: "The acquisition marks our first U.S. cogeneration project and aligns with our strategy of growing our on-site generation business."

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