# TransAlta to acquire Heartland Generation from Energy Capital Partners for $658 million

TransAlta Corporation announced it will acquire Heartland Generation Ltd. from Energy Capital Partners for approximately $658 million, including assumption of $268 million debt, adding 1,844 MW of generation capacity in Alberta and British Columbia.

- Type: Acquisition
- Announced: 2023-11-02
- Where: Alberta and British Columbia, Canada
- Value: $658.0M
- Status: announced
- Capacity: 1,844 MW
- Products: cogeneration, peaking generation, gas-fired thermal generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Energy Capital Partners](https://endata.com/companies/26371.md) (partner)
- [TransAlta](https://endata.com/companies/41082.md) (acquirer)
- [Heartland Generation Ltd.](https://endata.com/companies/73464.md) (target)

## Sources

- [transalta.com](https://transalta.com/newsroom/transalta-to-acquire-heartland-generation-from-energy-capital-partners-for-658-million), 2023-11-02: "With this acquisition we are pleased to announce the addition of highly flexible and complementary assets to our Alberta portfolio."

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