Kalina Power: Enters partnership agreement with Akira
- Kalina Power (KPO) has partnered with Akira Partners to fund the company’s distributed power opportunities in Alberta, Canada
- Akira will help with the development, financing, construction and operations of Kalina’s Cycle Technology
- Under the partnership, Akira will conditional provide up to C$70M in equity for Kalina’s subsidiary, Kalina Distributed Powe
- KDP is aiming to deploy five 30 megawatts of combined cycle projects
- The company believes this agreement represents a major milestone towards the successful execution of projects in Alberta
- Kalina is up slightly on the market today, trading for 3.5¢ per share
