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Kalina Power Limited ( (AU:KPO) ) has provided an announcement.
Kalina Power Limited has made significant strides in its project developments aimed at addressing the electricity demand from AI data centers. During the quarter ending June 2025, the company secured five sites capable of generating up to 1.7 GW and engaged in strategic initiatives, including transferring assigned megawatts under Alberta’s Limit Assignment Process and initiating sales campaigns for certain project sites. The company also continued planning with Crusoe for data center co-siting, highlighting its strategic positioning to meet Alberta’s power needs and validating its business model.
More about Kalina Power Limited
Kalina Power Limited operates in the energy sector, focusing on the development of power projects that integrate natural gas-fired combined cycle power plants with carbon capture and sequestration technology. The company is targeting the growing demand for reliable and affordable electricity from AI data centers, primarily through its Canadian subsidiary, KALiNA Distributed Power Limited.
Technical Sentiment Signal: Sell
Current Market Cap: A$11.73M
For an in-depth examination of KPO stock, go to TipRanks’ Overview page.