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Kalina Power Limited (ASX:KPO)

ALERT: Price-sensitive ASX Announcement for KPO
Current share price for KPO : $0.025 0.003 (13.64%)+
Announcement
Release
5 Nov 2025 9:25AM
Price at Release
$0.022
Full Release
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Summary
Kalina Power Limited (KALiNA) announced the completion of a CAD$18 million Megawatt transfer agreement with its wholly-owned Canadian subsidiary, KALiNA Distributed Power (KDP), receiving the remaining balance of CAD$17 million (~AUD 18.6 million) from Greenlight's customer. This transaction, which included an earlier CAD$1 million non-refundable deposit, was a one-off sale and does not establish any ongoing corporate relationship with the customer, a global data center developer. KDP is developing five projects in Alberta to supply data centers with co-located, behind-the-meter power, with a potential total capacity of 1.7 GW. This initiative supports the development of infrastructure including natural gas-fired power plants and future integration of carbon capture and sequestration.
Key Points
  • Kalina Power Limited completed a CAD$18 million Megawatt transfer agreement.
  • KALiNA received the remaining CAD$17 million balance (~AUD 18.6 million).
  • The transaction was a one-off sale with no ongoing corporate relationship.
  • KDP is developing five projects in Alberta for data center power supply.
  • Potential total capacity of the projects is up to 1.7 GW.
  • Projects involve natural gas-fired power plants and future carbon capture integration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.