KALiNA POWER LIMITED (ASX:KPO)

KALiNA Power is an ASX listed company dedicated to delivering cost-effective power projects incorporating technologies that generate constant baseload electricity while ensuring a low carbon footprint. Lions Bay Capital owns approximately 100 million common shares

The company’s 100%-owned Canadian subsidiary, KALiNA Distributed Power (KDP), is developing a portfolio of 170 MW natural gas-fired combined cycle power plants incorporating Carbon Capture and Sequestration (CCS) in Alberta, Canada. The projects are fully permitted and are in the process of being funded.

The company signed a framework agreement in February 2025 with US-based Crusoe Group for a joint development of  AI-focused data centres co-sited with KALiNA’s near-zero-emissions power stations using CCS.