CALGARY, July 25, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA; NYSE: TAC) today commented on the Government of Alberta’s announcement that the energy-only market framework in Alberta will be maintained. 

The promise by the Government of Alberta to deliver a decision on market structure within 90 days was fulfilled, thereby reducing significant uncertainty for TransAlta in assessing investment decisions in the Alberta power generation market. The Company has undertaken a review of its future investment decisions on coal-to-gas conversions and repowering through hybrid investments, as well as the impacts on our hydro and wind assets, … Continue Reading

CALGARY, May 27, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today announced that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”). 

Pursuant to the NCIB, TransAlta may repurchase up to a maximum of 14,000,000 Common Shares, representing approximately 4.92% of issued and outstanding Common Shares as at May 27, 2019. Purchases under the NCIB may be made through open market transactions on the TSX and any alternative Canadian trading platforms … Continue Reading

CALGARY, May 14, 2019 /CNW/ –

Financial Highlights

TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today reported first quarter 2019 financial results which reflect strong operational and financial results for the quarter, based on the execution of our strategic goals to competitively position our assets in the market.  Our portfolio of assets in Alberta benefitted … Continue Reading

CALGARY, April 26, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX:TA) (NYSE:TAC) announced that shareholders elected all of management’s director nominees to the TransAlta Board of Directors and approved all other resolutions at the Company’s Annual and Special Meeting of Shareholders (the “Meeting”) held earlier today. In total, 182,931,519 votes were cast in person or by proxy, representing 64.27% of the eligible common shares – one of the highest participation rates at a TransAlta shareholders’ meeting ever.

“Today’s result is an important validation of TransAlta’s strategy, team and progress,” said Ambassador Gordon Giffin, Chair of the … Continue Reading

CALGARY, April 23, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today commented on the latest news release from Mangrove Partners.

“Mangrove’s latest claim is without merit and is simply the latest complaint in a string of frivolous tactics. We will defend TransAlta and the interests of our shareholders vigorously,” said Ambassador Gordon Giffin, Chair of the Board of TransAlta. “A majority of our shareholders have already voted overwhelmingly in support of the Board at our upcoming Meeting. We look forward to moving ahead with our value creation plan supported by our partnership … Continue Reading

CALGARY, April 11, 2019 /CNW/ – In response to Mangrove Partners’ press release, TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today provided the following statement:

TransAlta stands by the Brookfield investment and strategic partnership and adhered to proper governance practices in negotiating and deciding to proceed with the transaction. The Board and its Special Committee firmly believe it is in the best interests of the Company and its shareholders and other stakeholders. Many of our largest shareholders agree. In conversations with our major institutional shareholders this week, we continue to hear that shareholders are supportive of … Continue Reading

NEW YORK and DALLAS, March 29, 2019 /CNW/ – A group led by Mangrove Partners (“Mangrove“) and Bluescape Energy Partners (“Bluescape“), together one of the largest shareholders of TransAlta Corporation (“TransAlta” or the “Company“) (TSX:TA) (NYSE:TAC) with aggregate ownership of 10.1% of the Company’s outstanding shares, today raised significant questions about the Company’s decision to accept a large investment from Brookfield Renewable Partners (“Brookfield“), including about the rushed process coinciding with the proxy nomination deadline, the favorable valuation and terms given to Brookfield, and the deal’s implications for the future accountability of … Continue Reading

Brookfield Makes $750 Million Investment to Advance TransAlta’s Transition to Clean Energy

TransAlta to host Investor Conference Call at 7:00 AM MDT

All figures in Canadian dollars

CALGARY, March 25, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or “the Company”) (TSX: TA) (NYSE: TAC) announced today an investment by Brookfield Renewable Partners and its institutional partners (collectively “Brookfield”) that crystalizes the value of its Hydro Assets, enhances its financial position to execute its strategy, and accelerates the opportunity to return capital to shareholders. This investment will ensure TransAlta will transition to 100% clean energy by 2025.

Under the terms of … Continue Reading

CALGARY, March 14, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or “the Company”) (TSX:TA) (NYSE:TAC) today announced that it has changed the date and location of its 2019 Annual and Special Meeting of Shareholders (the “Meeting”) to 10:30 a.m. on April 26, 2019 to be held at the TELUS Convention Centre, North Building, Room 104, Calgary Alberta.  The record date for the Meeting remains unchanged at close of business on March 7, 2019.  Under TransAlta’s Advance Notice Bylaw, it is also extending the director nomination deadline for the Meeting to March 25, 2019.

About TransAlta Corporation: 

TransAlta owns, … Continue Reading

CALGARY, March 8, 2019 /CNW/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) today announced that the Alberta Electric System Operator (“AESO”) granted the extension of the mothballing for the below Sundance units:

The extensions were requested by TransAlta based on TransAlta’s assessment of market prices and market conditions. TransAlta does have the ability … Continue Reading