CALGARY, Alberta, June 24, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that it has entered into an automatic share purchase plan ("ASPP") with its broker in order to facilitate repurchases of TransAlta's common shares ("Common Shares") under the Company's previously announced normal course issuer bid ("NCIB"). The Company believes that the prevailing price for the Common Shares may not, from time to time, reflect the underlying value of ...

About TransAlta Corporation: TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy efficient and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of hydro-electric power. For over 112 years, T ...

Core Insights - TransAlta Corporation has announced the commercial operation of the 200 MW Horizon Hill Wind Project in Logan County, Oklahoma, which is fully contracted to Meta Platforms Inc. for clean electricity and environmental attributes [1][2] - The completion of Horizon Hill marks TransAlta's 30th wind facility and contributes to a total of 800 MW of contracted renewable electricity added since 2021, with over 60% of its fleet now contracted on a megawatt basis [2][3] - The facility is expected to generate an average annual adjusted EBITDA between US$31 million and US$33 million, including third-party sales of production tax credits (PTCs) [3] Company Developments - TransAlta has entered into a 10-year transfer agreement for approximately 80% of the expected PTCs from Horizon Hill with an AA- rated customer, with the remaining PTCs to be sold through spot transactions or contracted later [2][3] - The addition of Horizon Hill extends TransAlta's weighted-average contract life of its renewables portfolio to over 12 years [3] - The facility consists of 34 Vestas V162 and V136 turbines, enhancing TransAlta's US renewables fleet to over 1 GW [2][3] Environmental Commitment - TransAlta has achieved a 66% reduction in GHG emissions, equating to 21.3 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [5]

CALGARY, Alberta, May 21, 2024 (GLOBE NEWSWIRE) -- TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) announced today that the 200 MW Horizon Hill Wind Project ("Horizon Hill"), located in Logan County, Oklahoma, has achieved commercial operation. The facility is fully contracted to Meta Platforms Inc. ("Meta"), which is receiving both clean electricity and environmental attributes from the new facility. "Since 2020, Meta has supported its global operations with 100 per cent wind and ...

Seebe Hydroelectric Dam near Exshaw at Night. Owned By TransAlta. James_Gabbert Note: All amounts are in Canadian Dollars. Stock Price referenced is the one on TSX. Let's face it. The TransAlta Corporation (TSX:TA:CA) thesis has not worked out. While we had a nice total return on its subsidiary TransAlta Renewables (which was eventually assimilated into the parent), TransAlta has been a far less satisfying experience. Since our first buy rating on this stock, it has been a value trap extraordinaire. Data by ...

TransAlta Corporation (NYSE:TAC) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Chiara Valentini - Vice President, Strategic Finance & Investor Relations John Kousinioris - President & Chief Executive Officer Todd Stack - Executive Vice President, Finance & Chief Financial Officer Blain Van Melle - Executive Vice President, Commercial & Customer Relations Conference Call Participants Mark Jarvi - CIBC John Mould - TD Securities Ben Pham - BMO Maurice Choy - RBC Capital Markets ...

This presentation includes "forward-looking information" within the meaning of applicable Canadian securities laws, and "forward-looking statements" within the meaning of applicable United States securities laws, including the United States Private Securities Litigation Reform Act of 1995 (collectively referred to herein as "forward-looking statements"). All forward-looking statements are based on the beliefs as well as assumptions of TransAlta Corporation (the "Company", "TransAlta", "we" or "our") based o ...

TRANSALTA CORPORATION Management's Discussion and Analysis First Quarter Report for 2024 This Management's Discussion and Analysis ("MD&A") contains forward-looking statements. These statements are based on certain estimates and assumptions and involve risks and uncertainties. Actual results may differ materially. Refer to the Forward-Looking Statements section of this MD&A for additional information. Table of Contents | M2 | Forward-Looking Statements | M32 | Cash Flows | | --- | --- | --- | --- | | M4 | D ...

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TransAlta Corporation (NYSE:TAC) Q4 2023 Earnings Conference Call February 23, 2024 11:00 AM ET Company Participants Chiara Valentini - VP, Strategic Finance & IR John Kousinioris - President & CEO Todd Stack - EVP, Finance & CFO Kerry Wilks - EVP, Commercial, Legal, & External Affairs Conference Call Participants Mark Jarvi - CIBC Maurice Choy - RBC Capital Markets John Mould - TD Cowen Patrick Kenny - National Bank Financial Operator Good morning. My name is Ina, and I will be your conference operator tod ...