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TransAlta (TAC) Raises Dividend Following Strong 2025 Free Cash Flow Performance
Yahoo Finance· 2026-03-04 16:35
Group 1 - TransAlta Corporation reported strong 2025 results with free cash flow of $514 million, exceeding the midpoint of its annual outlook despite lower Alberta power prices, leading to an 8% increase in the common share dividend [1][5] - The company advanced key growth initiatives in Q4, including a Memorandum of Understanding (MoU) with Canada Pension Plan Investments and Brookfield for data center development in Alberta, and the acquisition of Far North Power Corporation, adding 310 MW of natural gas capacity in Ontario [2] - TransAlta expects adjusted EBITDA for 2026 to be between $950 and $1,050 million, supported by a diversifying fleet and anticipated load growth from data centers, while achieving a 76% reduction in GHG emissions since 2015 [3]