KALiNA Power Limited (ASX: KPO) has confirmed that its Canadian subsidiary, KALiNA Distributed Power (KDP), has completed the transfer and sale of allocated megawatts following the execution of a Demand Transmission Services Agreement (DTS) by its customer with the Alberta Electric System Operator (AESO). This marks the final condition for closing a Transfer Agreement between KDP, Greenlight Electricity Centre Limited Partnership, and the customer—a global data center developer.
Under the agreement, KDP previously received a non-refundable deposit of CAD 1 million in June 2025 and is now entitled to an additional CAD 17 million bonus, payable within 15 days. The company remains bound by a non-disclosure agreement restricting further client details but clarified that this was a one-off transaction with no ongoing commercial relationship. KALiNA stated that all material information affecting its securities has been fully disclosed and will provide additional updates in the coming weeks.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
