US$1B Colorado power deal: TransAlta adds 318 MW and sells $350M in stock
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TransAlta is involved in a $1 billion deal related to power assets in Colorado, which includes the addition of 318 megawatts. The company is also selling $350 million in stock as part of the transaction. Details of the deal and its impact on TransAlta are being reported, with the company's stock being tracked by financial analysts.