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TransAlta acquiring Hut 8's power plant portfolio under definitive share purchase agreement

Company: Hut 8

Subject kind
acquisition
Statement date
2025-11-16
Current status
stated

The claim, verbatim

Hut 8 entered into a definitive share purchase agreement with TransAlta Corporation whereby TransAlta will acquire the 310-megawatt portfolio of four natural gas-fired power plants in Ontario owned and operated by Far North Power Corp

Source (primary)

Hut 8 8-K filed 2025-11-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “entered into a definitive share purchase agreement (the "Agreement") with TransAlta Corporation. Under the Agreement, TransAlta Corporation will acquire the 310-megawatt portfolio of four natural gas-fired power plants in Ontario owned and operated by Far North Power Corp., an entity formed by the Company and Macquarie Equipment Finance Ltd.”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465925112928/hut-20251117x8k.htm) in full (3,804 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Hut 8 8-K filed 2025-11-17

Quote: “entered into a definitive share purchase agreement (the "Agreement") with TransAlta Corporation. Under the Agreement, TransAlta Corporation will acquire the 310-megawatt portfolio of four natural gas-fired power plants in Ontario owned and operated by Far North Power Corp., an entity formed by the Company and Macquarie Equipment Finance Ltd.”

View cached copy (2026-08-31)Live source ↗