TransAlta to buy two Colorado gas peaker plants for US$1 billion

TravelCenters of America LLC

TravelCenters of America LLC

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  • TransAlta agreed to buy Mountain Peak Power LLC and Canyon Peak Power LLC, two fully contracted gas peakers near Denver totaling 318 MW.
  • Total transaction value USD 1 billion, including assumption of USD 750 million of senior secured project debt; closing expected early Q4 2026.
  • Assets expected to add about USD 80 million a year in adjusted EBITDA; free cash flow projected at about USD 33 million a year.
  • Mountain Peak Power (162 MW) has operated since September 2025; Canyon Peak Power (156 MW) targets commercial in-service in Q3 2026.
  • Both plants are 100% contracted under long-term tolling deals; weighted average tenure 27 years with full pass-through of fuel, O&M, capital costs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TransAlta Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-256078), on June 04, 2026, and is solely responsible for the information contained therein.

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