CALGARY, April 20, 2018 /CNW/ – TransAlta Corporation (TSX: TA; NYSE: TAC) (“TransAlta” or the “Company”) held its Annual and Special Meeting of Shareholders on April 20, 2018 in Calgary, Alberta. A total of 144,822,873 common shares, representing 50.30% of the shares outstanding were represented in person and by proxy at the meeting.

The following resolutions were considered by Shareholders:

1.                  Election of Directors 

The ten director nominees proposed by management were elected by a show of hands. Proxies were received as follows:

Nominee

Votes For

Per cent

Withheld

Per cent

Rona H. Ambrose

132,865,050

94.55%

7,651,794

5.45%… Continue Reading

CALGARY, April 6, 2018 /CNW/ – TransAlta Corporation (“TransAlta”) (TSX: TA; NYSE: TAC) will hold its Annual and Special Meeting of Shareholders on Friday, April 20, 2018 at 10:00 a.m. MT (12:00 p.m. ET) in the Palomino Room (E-H) at the BMO Centre (Stampede Park) in Calgary, Alberta. The Annual and Special Meeting will be broadcast via webcast and conference call. To access the broadcast, please visit https://transalta.com/investors/events-and-presentations/ or use the dial-in information provided below.

Dial-in number – Annual and Special Meeting of Shareholders:
Toll-free North American participants call: 1-855-353-9183 (Code 25669#)

TransAlta will release its … Continue Reading

CALGARY, Feb. 2, 2018 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) today announced that it has called for the redemption of its outstanding US$500 million 6.65% senior notes maturing May 15, 2018 (the “Senior Notes”). The Senior Notes will be redeemed on March 15, 2018 at a price equal to the greater of: (i) 100% of the principal amount of the Senior Notes and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date on a semi-annual basis at the treasury rate … Continue Reading

CALGARY, Dec. 8, 2017 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) today responded favourably to details of the Government of Alberta’s determination to permit carbon credits to be earned by existing wind and hydro generation in the Alberta fleet.

On December 6, 2017, the Government of Alberta announced its intention to adopt a carbon credit regime that will fully recognize the value of carbon reductions from the generation of electricity from existing renewable assets. Under Alberta’s output based allocation system for carbon emissions, TransAlta’s existing wind and hydro facilities will receive credits for … Continue Reading

CALGARY, Dec. 6, 2017 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) announced today that its Board of Directors has approved additional elements in the Company’s strategy to accelerate its transition to gas and renewables generation.  These elements include:

CALGARY, Oct. 31, 2017 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) today reported third quarter 2017 comparable EBITDA(1) of $245 million, funds from operations (“FFO”)(1) of $196 million, and free cash flow (“FCF”)(1) of $99 million. Comparable EBITDA for the third quarter was the strongest third quarter result since 2013.  Our results were in line with expectations and provide us with confidence in our ability to reach our current outlook for 2017.

During the quarter, the Company benefited from lower transportation costs and higher prices on merchant and contracted revenues in … Continue Reading

CALGARY, Sept. 18, 2017 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) announced today that it has received formal notice from the Balancing Pool for the termination of the Alberta Power Purchase Arrangements (“PPAs”) for Sundance Unit B and Unit C effective March 31, 2018.

The termination of the Sundance PPAs by the Balancing Pool was expected and TransAlta anticipates working closely with the Balancing Pool to ensure the company receives the termination payment that it believes it is entitled to under the PPAs and applicable legislation. The expected impacts to TransAlta of the … Continue Reading

CALGARY, Aug. 9, 2017 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) today reported second quarter 2017 comparable EBITDA(1) of $268 million, funds from operations (“FFO”)(1) of $187 million, and free cash flow (“FCF”)(1) of $30 million. Comparable EBITDA and FFO for the second quarter are the highest second quarter results in over five years, and increased by $20 million and $12 million, respectively, over the same period last year. 

The second quarter results reflect strong performance across our portfolio. US Coal benefited from favourable mark-to-market impacts on financial contracts, higher … Continue Reading

CALGARY, July 13, 2017 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) is pleased to announce that its Board of Directors has appointed the Honourable Rona Ambrose to its Board of Directors effective July 13, 2017.

“On behalf of our Board, it is my pleasure to welcome Rona,” said Ambassador Gordon Giffin, Chair of the Board. “We believe that Rona’s extensive public policy experience and demonstrated ability to bring people of divergent views together for a common purpose will strengthen our Board. Her experience, along with her Alberta roots, will also help further … Continue Reading