TransAlta Completes $305 Million Sale of 49% Stake in Oklahoma Wind Portfolio

09:43 AM EDT, 10/22/2026 (MT Newswires) -- TransAlta (TAC) has completed that sale of a 49% minority stake in its 500-megawatt wind portfolio in Oklahoma to Ares Infrastructure funds for $305 million in cash, according to a Thursday statement. Following the sale, TransAlta will continue to have operational oversight of the assets under a long-term asset management deal, the company said. No financial details were disclosed for this agreement. TransAlta also said it has closed the acquisition of Mountain Peak Power and Canyon Peak Power from Blackstone (BX) for $1 billion, including the assumption of $750 million in senior secured project level debt. Price: 13.28, Change: -0.06, Percent Change: -0.41