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Kalina Power Monetises AESO Allocation and Gains Regulatory Tailwinds for Alberta Data-Centre Power Push

Story Highlights
  • Kalina’s KDP unit sold 180 MW of AESO load for C$18 million while preserving 840 MW of 2030-focused applications and advancing gas supply talks.
  • Regulatory shifts in Alberta and Ottawa, including CER suspension and carbon-tax cap, expand KDP’s flexibility and strengthen financing prospects for its data-centre power projects.
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Kalina Power Monetises AESO Allocation and Gains Regulatory Tailwinds for Alberta Data-Centre Power Push

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Kalina Power Limited ( (AU:KPO) ) has issued an update.

In the December 2025 quarter, Kalina Power’s Canadian arm, KDP, advanced its Alberta power portfolio aimed at supplying AI data centres, capitalising on a surge in large-load applications that far exceed current dispatchable capacity and aligning its development model with emerging rules favouring co-located generation. KDP sold a previously allocated 180 MW AESO load tranche, which it did not need until 2030, to a global data centre player for a total of C$18 million without affecting its remaining 840 MW of load applications, progressed negotiations for both regulated and unregulated gas supply, and participated in AESO’s working group shaping a new large-load allocation regime that suits its co-location strategy. The business also benefited from a major Alberta–federal government memorandum of understanding that proposes suspending the Clean Electricity Regulations in favour of a capped carbon tax and extended CCS incentives, materially increasing timing flexibility, grid-sale options and commercial optionality for KDP’s projects, which is expected to support ongoing efforts with investment banks PEI Global Partners and Moneta Securities to secure pre-FID development funding.

The most recent analyst rating on (AU:KPO) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Kalina Power Limited stock, see the AU:KPO Stock Forecast page.

More about Kalina Power Limited

Kalina Power Limited is an ASX-listed energy developer focused on natural gas-fired, dispatchable power projects through its 100%-owned Canadian subsidiary, KALiNA Distributed Power Limited (KDP). KDP is targeting the rapidly growing electricity demand from AI data centres in Alberta, Canada, with a portfolio of five behind-the-metre projects designed to co-locate power generation with data centre loads and potentially integrate carbon capture and sequestration, supporting up to about 1.7 GW of phased capacity.

YTD Price Performance: 7.14%

Average Trading Volume: 2,109,168

Technical Sentiment Signal: Hold

Current Market Cap: A$43.99M

See more data about KPO stock on TipRanks’ Stock Analysis page.

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