TransAlta Secures Major Data Center Deal, Boosts Dividend
Edmonton News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
TransAlta Corporation secures a significant deal with Canada Pension Plan Investment Board and Brookfield for a new data center at its Keephills facility. The agreement includes a long-term power purchase agreement. Despite a fourth-quarter loss, the company raises its quarterly dividend and maintains revenue, indicating a strong position in the growing power demand market.
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