Kirkland & Ellis LLP

06/03/2026 | Press release | Distributed by Public on 06/03/2026 14:42

Kirkland Advises Kindle Energy on $1 Billion Sale of Mountain Peak Power and Canyon Peak Power to TransAlta

Kirkland & Ellis advised Kindle Energy, a Blackstone portfolio company, on its $1 billion sale to TransAlta Corporation (TSX: TA) (NYSE: TAC) of Mountain Peak Power LLC and Canyon Peak Power LLC, owners of two natural gas-fired peaking facilities totaling 318 MW located near Denver, Colorado. The Mountain Peak Power facility has been operating since September, 2025 and the Canyon Peak Power facility is expected to achieve commercial in-service in the third quarter of 2026.

Read the transaction press release

The Kirkland team included corporate lawyers Ahmed Sidik and Qasim Rasool; debt finance lawyer Tatiana Monastyrskaya; and tax lawyer Mark Dundon.

Kirkland & Ellis LLP published this content on June 03, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 03, 2026 at 20:42 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]