TransAlta to Acquire Mountain Peak Power LLC and Canyon Peak Power LLC (Two Natural Gas Peaking Facilities)

PowerTransitions to Acquire 323 MW Alliance Energy Power Plant Portfolio to Enter New York Market

April 21, 2026

Energy

PowerTransitions entered into an agreement to acquire a portfolio of five operating thermal power plants totaling 323 MW from affiliates of Alliance Energy Group. The acquisition is intended to redevelop the legacy generation sites into new power generation, battery energy storage, and powered land sites for data centers and advanced manufacturers, marking PowerTransitions’ entry into New York. The transaction was signed on January 30, 2026 and is expected to close later in 2026, subject to customary conditions and regulatory approvals.

Stonepeak to Acquire Allgas

December 17, 2025

Energy

Stonepeak has entered into a definitive agreement to acquire Allgas, a gas distribution network operating across Queensland, Australia. The deal is subject to regulatory approvals and is expected to close in the first half of 2026.

TPG Acquires Altus Power for $2.2 Billion

February 6, 2025

Infrastructure

Altus Power, a commercial-scale clean energy provider focused on solar and related infrastructure, agreed to be acquired by TPG through its TPG Rise Climate Transition Infrastructure strategy in an all-cash deal valued at about $2.2 billion (including outstanding debt). In the merger, Altus Power stockholders receive $5.00 per share. The transaction closed in April 2025 and Altus Power became privately held, with its NYSE listing removed.

ePlus Acquires Certain Assets of PEAK Resources, Inc.

January 30, 2024

IT Services

ePlus inc. acquired certain assets and liabilities of Denver-based PEAK Resources, Inc., closing on January 26, 2024. The asset purchase expands ePlus' engineering, sales, and services delivery capabilities in the Mountain West region; financial terms were not disclosed.

TransAlta Acquires Heartland Generation from Energy Capital Partners

November 2, 2023

Energy

TransAlta Corporation entered a definitive agreement to acquire Heartland Generation and affiliated Alberta Power assets from an affiliate of Energy Capital Partners for approximately C$658 million inclusive of assumed debt (C$390 million purchase price plus C$268 million debt). The acquisition adds ~1,844 MW of flexible generation (cogeneration, peaking and gas-fired thermal), is expected to be immediately accretive to cash flow and deliver corporate pre-tax synergies of about C$20 million annually, and supports TransAlta's strategy to expand flexible capacity to meet Alberta's energy transition and reliability needs.

TransAlta Corporation to Acquire TransAlta Renewables Inc.

July 10, 2023

Renewable Energy

TransAlta Corporation has entered into a definitive arrangement agreement to acquire all outstanding common shares of TransAlta Renewables Inc. not already owned by TransAlta, offering RNW shareholders either TransAlta shares or $13.00 in cash (subject to proration). The deal is intended to simplify corporate structure, align a single clean‑electricity growth strategy and create a larger, more diversified independent power producer; closing is subject to shareholder, court and regulatory approvals.