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TransAlta Corp (TA_pd.TO)

TA_pd.TO on Toronto Stock Exchange

24 Feb 2017
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$-0.03 (-0.22%)
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Latest Key Developments (Source: Significant Developments)

TransAlta Corp declares quarterly dividend
Monday, 27 Apr 2015 07:28pm EDT 

TransAlta Corp:Declares quarterly dividend of $0.18 per share on common shares.Dividend is payable on July 1, to shareholders of record at close of business June 1.  Full Article

TransAlta Renewables Inc agrees to invest $1.78 billion in Transalta Corp's Western Australia Portfolio
Monday, 23 Mar 2015 03:18pm EDT 

TransAlta Renewables Inc and Transalta Corp:Enters into an investment agreement pursuant to which TransAlta Renewables has agreed to invest in TransAlta's Australian power generation and gas pipeline portfolio and fund remaining project costs for South Hedland gas-fired project for a combined value of about $1.78 billion.Says portfolio consists of 575 MW of power generation from six operating assets and the South Hedland project currently under construction, as well as the recently commissioned 270 km gas pipeline.Says TransAlta Renewables' investment will consist of acquisition of securities which will track the cash flows of portfolio.Says in order to finance cash portion of investment, enters into a $200 million bought deal agreement led by CIBC and RBC Capital Markets as joint bookrunners, for sale of 15,820,000 subscription receipts of company at a price of $12.65 per subscription receipt.Says it anticipates that transaction will close in May.  Full Article

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BRIEF-Transalta Corp determines not to proceed with preferred share exchange

* Transalta corporation determines not to proceed with preferred share exchange