November 13, 2017 / 1:35 PM / 2 years ago

BRIEF-Transalta and Transalta respond to notice of termination for south hedland power purchase agreement

Nov 13 (Reuters) - Transalta Corp

* Transalta And Transalta Renewables respond to notice of termination for the South Hedland Power Purchase Agreement received from Fortescue Metals Group

* Transalta - Co’s unit, Tec Hedland PTY Ltd, got notice of termination of South Hedland Power Purchase Agreement from unit of Fortescue Metals Group

* Transalta Corp - ‍PPA allows FMG to terminate agreement if power station has not reached commercial operation within a specified time period​

* Transalta Corp - FMG continues to be of view that South Hedland Power Station has yet to achieve commercial operation

* Transalta Corp - Co, Transalta Renewables confident all conditions required to establish commercial operations achieved under terms of PPA Source text for Eikon: Further company coverage: (

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below