With the technology sector continuing its decline — exacerbated by a steep correction in the cryptocurrency market along with fears of overexuberance toward artificial intelligence — several innovation-adjacent names like Vistra Corp (NYSE:VST) suffered. On paper, Vistra isn't directly related to tech. However, it provides the electrical power that no digital solution can live without. Subsequently, as demand falters, so too does the premium tied to power.While such a correlation may make logical sense on t ...

CALGARY, Alberta, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Highlights Purchase price of $95 million, or approximately $306 per kilowatt (kW)Immediately accretive to free cash flow and cash yield upon closing with approximately 68% of the portfolio's gross margin contracted to 2031; attractive recontracting fundamentals longer-termTransAlta's Energy Marketing and Trading team to deliver merchant upside and synergiesAugments and further diversifies TransAlta’s contracted portfolio and enhances competitive position ...

Core Insights - TransAlta Corporation reported solid operational performance in Q3 2025 despite challenging market conditions, with a focus on its Alberta portfolio's hedging strategy and asset optimization [2][3] - The company is progressing on key priorities, including a data centre strategy and negotiations to convert its Centralia facility to gas-fired operations [4][12] - CEO John Kousinioris announced his retirement effective April 30, 2026, with Joel Hunter set to succeed him [5][12] Financial Performance - Q3 2025 operational availability was 92.7%, down from 94.5% in Q3 2024 [6][7] - Production increased to 6,151 GWh in Q3 2025 from 5,712 GWh in Q3 2024 [6] - Revenues for Q3 2025 were $615 million, a decrease from $638 million in Q3 2024 [6] - Adjusted EBITDA for Q3 2025 was $238 million, down from $315 million in Q3 2024 [7][9] - Free Cash Flow (FCF) was $105 million, or $0.35 per share, compared to $131 million, or $0.44 per share in Q3 2024 [7][9] - Net loss attributable to common shareholders was $62 million, or $0.20 per share, compared to a loss of $36 million, or $0.12 per share in Q3 2024 [7][9] Segment Performance - Hydro segment revenues were $73 million in Q3 2025, down from $89 million in Q3 2024 [9] - Wind and Solar segment revenues increased slightly to $45 million from $44 million [9] - Gas segment revenues decreased to $110 million from $141 million [9] - Energy Transition segment revenues were $28 million, down from $34 million [9] - Energy Marketing segment revenues dropped to $17 million from $42 million [9] Key Business Developments - The company entered into a 230 MW Demand Transmission Service contract with the Alberta Electric System Operator [3][13] - TransAlta completed the sale of its 100% interest in the 48 MW Poplar Hill facility and its 50% interest in the 97 MW Rainbow Lake facility as part of regulatory requirements [14] - The company extended its committed credit facilities totaling $2.1 billion, with maturity extended to June 30, 2029 [15]

Core Points - TransAlta Corporation announced the retirement of John Kousinioris as President and CEO effective April 30, 2026, with Joel Hunter appointed as his successor [1][3] - Kousinioris has been with TransAlta since 2012, holding various senior roles, and will serve as a strategic advisor for six months post-retirement [2][4] - The Board expressed appreciation for Kousinioris's leadership during significant industry transitions and his role in defining strategic priorities for growth [3][4] Company Overview - TransAlta operates a diverse fleet of electrical power generation assets across Canada, the US, and Australia, focusing on long-term shareholder value [5] - The company is a major producer of wind power and thermal power in Canada, and the largest hydro-electric power producer in Alberta [5] - TransAlta has achieved a 70% reduction in GHG emissions, equating to 22.7 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [5]

Core Points - TransAlta Corporation will release its third quarter 2025 results on November 6, 2025, before market opening [1] - A conference call and webcast will be held on the same day at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) to discuss the results [1] - Related materials will be available on TransAlta's Investor Centre section of its website [4] Company Overview - TransAlta owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia, focusing on long-term shareholder value [5] - The company is one of Canada's largest producers of wind power and Alberta's largest producer of thermal generation and hydro-electric power [5] - TransAlta has achieved a 70% reduction in GHG emissions, equating to 22.7 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [5]

Core Points - TransAlta Corporation will hold an Investor Day on November 18, 2025, in Toronto, starting at 9:00 a.m. ET [1][4] - The event will feature presentations from key executives, including the President and CEO, and the Executive Vice President and CFO, focusing on the company's strategic priorities and financial outlook [2] - The Investor Day will be conducted in a hybrid format, allowing both in-person and live webcast attendance, with registration closing for in-person attendance on November 10, 2025 [3] Company Overview - TransAlta operates a diverse fleet of electrical power generation assets across Canada, the United States, and Australia, emphasizing long-term shareholder value [5] - The company is a major producer of wind power in Canada and the largest producer of thermal generation and hydro-electric power in Alberta [5] - TransAlta has achieved a 70% reduction in GHG emissions, equating to 22.7 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [5]

Core Insights - TransAlta Corporation reported strong operational performance in Q2 2025, highlighting the effectiveness of its diversified fleet and hedging strategies, which resulted in realized prices above spot prices [2][4] - The company is optimistic about achieving its 2025 outlook despite challenges in the Alberta price environment [2] Financial Performance - Q2 2025 operational availability was 91.6%, up from 90.8% in Q2 2024 [5][6] - Production increased to 4,813 GWh in Q2 2025 from 4,781 GWh in Q2 2024 [5] - Revenues for Q2 2025 were $433 million, down from $582 million in Q2 2024 [5] - Adjusted EBITDA rose to $349 million in Q2 2025 from $316 million in Q2 2024 [5][6] - Adjusted earnings before income taxes increased to $122 million in Q2 2025 from $112 million in Q2 2024 [5] - Net loss attributable to common shareholders was $112 million in Q2 2025, compared to net earnings of $56 million in Q2 2024 [6] Segment Performance - Hydro segment revenues increased to $126 million in Q2 2025 from $83 million in Q2 2024 [8] - Wind and Solar segment revenues were stable at $89 million in Q2 2025 compared to $88 million in Q2 2024 [8] - Gas segment revenues decreased to $128 million in Q2 2025 from $142 million in Q2 2024 [8] - Energy Transition segment revenues significantly increased to $19 million in Q2 2025 from $2 million in Q2 2024 [8] - Energy Marketing segment revenues decreased to $26 million in Q2 2025 from $39 million in Q2 2024 [8] Key Business Developments - The company extended its committed credit facilities totaling $2.1 billion, with maturity dates extended to June 30, 2029, for the syndicated credit facility [9] - TransAlta signed an agreement for the divestiture of the 48 MW Poplar Hill asset as part of a consent agreement with the federal Competition Bureau [10] - The company successfully recontracted its Ontario wind facilities, extending contract dates until 2031 and 2034 [11] Shareholder Returns - TransAlta announced a Normal Course Issuer Bid (NCIB) to repurchase up to 14 million common shares [13] - During the first half of 2025, the company purchased and canceled 1,932,800 common shares at an average price of $12.42 per share [14]

Core Viewpoint - TransAlta Corporation is set to release its second quarter 2025 results on August 1, 2025, with a conference call scheduled for the same day to discuss the results with investors and analysts [1][2]. Group 1: Conference Call Details - The conference call will begin at 9:00 a.m. Mountain Time (11:00 a.m. ET) [1]. - Participants can access the call via a personalized PIN or receive an automated call directly to their phone after registering [2]. - A replay of the call will be available on TransAlta's website following the event [3]. Group 2: Company Overview - TransAlta operates a diverse fleet of electrical power generation assets across Canada, the U.S., and Australia, focusing on long-term shareholder value [4]. - The company is one of Canada's largest producers of wind power and the largest producer of thermal generation and hydro-electric power in Alberta [4]. - TransAlta has achieved a 70% reduction in GHG emissions, equating to 22.7 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [4].

Core Points - TransAlta Corporation held its Annual and Special Meeting of Shareholders on April 24, 2025, with 188,962,557 common shares represented, accounting for 63.43% of the outstanding shares [1] - The eleven director nominees proposed by management were elected with high approval rates, the lowest being 91.13% for Thomas M. O'Flynn [1] - Ernst & Young LLP was appointed as the auditors for 2025, receiving 96.74% approval [2] - The non-binding advisory vote on executive compensation was approved with 98.90% in favor [3] - The continuation of the Company's Amended and Restated Shareholder Rights Plan was approved with 97.44% support [4] Company Overview - TransAlta owns and operates a diverse fleet of electrical power generation assets in Canada, the United States, and Australia, focusing on long-term shareholder value [6] - The company is one of Canada's largest producers of wind power and Alberta's largest producer of thermal generation and hydro-electric power [6] - TransAlta has achieved a 70% reduction in GHG emissions, equating to 22.7 million tonnes CO2e since 2015, and has received an upgraded MSCI ESG rating of AA [6]