TransAlta Corp
> Takeaways from BAM's investor day that might impact TA
Post by
rustyblades on Sep 22, 2021 5:19pm
Takeaways from BAM's investor day that might impact TA
Brookfield Asset Management recently published an investor day
presentation Page 37 is relevant to TA. It puts some dollar figures on their 5 year plan for growth in the Renewable Power and Transitions. I don't know what Transitions are but I'm guessing it has to do with industries involved in transitioning from fossil fuels to electrical or non-fossil energy. Today they have $59B of Assets Under Management and plan on growing that to $150B by 2026. That's an increase of $90B or $18B per year for the next 5 years.
I expect a low bid for TA, ala IPL, sometime over that time frame.
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