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TransAlta Corp (TA.TO)

TA.TO on Toronto Stock Exchange

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24 Jul 2017
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Latest Key Developments (Source: Significant Developments)

TransAlta Corp says qtrly FFO per share C$0.70
Friday, 5 May 2017 05:29pm EDT 

May 5 (Reuters) - TransAlta Corp :TransAlta reports first quarter 2017 results.TransAlta Corp says qtrly FFO per share c$0.70.Qtrly revenue C$578 million versus C$568 million.TransAlta Corp says qtrly FCF per share C$0.34.TransAlta Corp -" We remain comfortable with our 2017 guidance for EBITDA, FFO, and FCF".  Full Article

TransAlta approves plan for accelerating transition to clean power in Alberta
Wednesday, 19 Apr 2017 08:17pm EDT 

April 19 (Reuters) - Transalta Corp ::Transalta board approves plan for accelerating transition to clean power in alberta.Says retirement of sundance unit 1 will be effective january 1, 2018.Says mothballing of sundance unit 2 will be effective january 1, 2018, for a period of up to 2 years.Expects that capacity of sundance units 3 to 6 and keephills 1 and 2 will not change following conversion.Total capital commitment for coal-to-gas conversions is approximately $300 million.Conversion will result in reduction of about 40 percent of carbon emissions maintaining about 2,400 mws to alberta power grid.Auction of these units to occur in 2019 for 2021.  Full Article

Transalta Q4 earnings per share C$0.41
Friday, 3 Mar 2017 08:00am EST 

Transalta Corp : Transalta reports fourth quarter and full year 2016 results . Q4 non-GAAP FFO per share c$0.79 . Q4 earnings per share C$0.41 . Q4 earnings per share view C$0.15 -- Thomson Reuters I/B/E/S . Transalta Corp - sees FY comparable FFO $765 million to $855 million . Transalta Corp - targeting 2017 sustaining capital $260 million to $280 million . Transalta - expect to refinance some upcoming debt maturities over next 18-months by raising $700 million to $900 million of debt secured by contracted cash flows . Transalta Corp - targeting 2017 fleet availability 88 percent to 90 percent .Qtrly comparable FFO per share $0.79.  Full Article

TransAlta to sell interest in Wintering Hills facility
Thursday, 26 Jan 2017 09:00am EST 

TransAlta Corp : TransAlta announces sale of interest in Wintering Hills facility . TransAlta Corp - sale of its 51 per cent interest in Wintering Hills merchant wind facility for approximately $61 million . TransAlta Corp - deal for approximately $61 million .TransAlta Corp - sale of interest in Wintering Hills will not materially impact EBITDA, FFO or free cash flow (FCF) guidance for 2017.  Full Article

Transalta files for mixed shelf of up to $2 bln
Wednesday, 18 Jan 2017 06:30pm EST 

Transalta Corp : Files for mixed shelf of up to $2.0 billion - SEC filing Source: (http://bit.ly/2jAlq8i) Further company coverage: [TA.TO] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

TransAlta signs new agreement for Mississauga cogeneration facility
Thursday, 22 Dec 2016 05:44pm EST 

Transalta Corp : TransAlta Corp says in conjunction with execution of new contract, TransAlta has agreed to terminate, effective December 31, 2016 . TransAlta Corp- expect accounting for new contract and termination of existing contract will have no impact to 2016 earnings on a comparable basis . TransAlta signs new agreement for mississauga cogeneration facility .TransAlta Corp- new contract will come into effect on January 1, 2017.  Full Article

Transalta reaches agreement with government of Alberta on transition payments
Thursday, 24 Nov 2016 09:51pm EST 

Transalta Corp : Transalta reaches agreement with the government of Alberta on transition payments and executes memorandum of understanding . Will receive annual cash payments of approximately $37.4 million, net to Transalta, commencing in 2017 and terminating in 2030 . Off-Coal agreement requires Transalta to cease all coal-fired emissions at affected plants on or before December 31, 2030 . Says off-coal agreement requires Transalta to cease all coal-fired emissions at affected plants on or before December 31, 2030 . Transalta - Entered MOU with government to cooperate and work collaboratively to advance objectives of Alberta climate leadership plan .Affected plants are not, recluded from generating electricity at any time by any method other than combustion of coal.  Full Article

Transalta Q3 non-GAAP loss C$0.04/shr
Friday, 4 Nov 2016 08:09am EDT 

Transalta Corp : Transalta reports third quarter 2016 results . Q3 non-GAAP loss per share C$0.04 . Q3 loss per share C$0.04 . Q3 earnings per share view C$-0.02 -- Thomson Reuters I/B/E/S . Qtrly revenue $620 million versus $641 million . Transalta Corp says expect to increase liquidity by year-end by executing against our project finance plan .Transalta Corp says incremental liquidity will be used to complete construction of south hedland and repay maturing debt in 2017.  Full Article

TransAlta qtrly comparable FFO per share $0.61
Tuesday, 9 Aug 2016 08:37am EDT 

TransAlta Corp : Qtrly reported net earnings attributable to common shareholders $0.02 net earnings per share . Qtrly revenue $492 million versus $438 million . Q2 earnings per share view c$-0.02, revenue view C$517.8 million -- Thomson Reuters I/B/E/S . "We anticipate achieving our goal of raising $400 to $600 million of project financing by year end" . Qtrly production 7,899 gwh versus 8,820 gwh . Qtrly comparable funds from operations per share $0.61 .Q2 FFO per share view C$0.47 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-TransAlta adds Rona Ambrose to board

* Transalta appoints the honourable rona ambrose to its board of directors