# Atura Power acquires three natural gas-fired plants from TC Energy

OPG subsidiary Atura Power finalized the acquisition of three combined-cycle natural gas-fired plants (Napanee, Halton Hills, Portlands Energy Centre) from TC Energy for approximately C$2.8 billion ($2 billion).

- Type: Acquisition
- Announced: 2020-04-30
- Where: Ontario, Canada
- Value: $2.00B (2.80B CAD)
- Status: completed
- Capacity: 900MW Napanee, 683MW Halton Hills, 550MW Portlands Energy Centre
- Products: natural gas-fired electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ontario Power Generation](https://endata.com/companies/8140.md) (acquirer)
- [Ontario Power Generation](https://endata.com/companies/8140.md) (partner)
- [TC Energy](https://endata.com/companies/40987.md) (partner)
- [TC Energy](https://endata.com/companies/40987.md) (target)
- [Atura Power](https://endata.com/companies/46905.md) (acquirer)

## Sources

- [power-technology.com](https://www.power-technology.com/news/opgs-atura-power-to-acquire-three-natural-gas-fired-plants/), 2020-04-30: "Natural gas is the enabler of renewable energy and provides the flexibility required to ensure a reliable electricity system."
- [ippjournal.com](https://ippjournal.com/news/opg-finalizes-cad28bn-acquisition-of-natural-gas-assets-in-canada), 2020-05-05: "Ontario Power Generation Inc. (OPG), under a new subsidiary that will be doing business as Atura Power, has finalized the acquisition of a portfolio of combined-cycle natural gas-fired plants in Ontario."

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