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TransAlta Corp T.TA

Alternate Symbol(s):  TAC | T.TA.PR.D | T.TA.PR.E | T.TA.PR.F | TACPF | T.TA.PR.G | T.TA.PR.H | TSLTF | T.TA.PR.J

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others.


TSX:TA - Post by User

Bullboard Posts
Comment by anon314on Feb 08, 2014 6:54pm
223 Views
Post# 22188114

RE:Keephills 1

RE:Keephills 1From the Q3 SEDAR filing, page 11. See Q3 filing

Keephills Unit 1
On March 5, 2013, an outage occurred at Unit 1 of our Keephills facility due to a stator winding failure found in the generator. Upon completion of the initial repair work, further condition testing and analysis identified greater winding degradation requiring a full rewind of the generator stator. In response to the event, we gave notice of a High Impact Low Probability event and claimed force majeure relief under the PPA. In the event of a force majeure, we are entitled to continue to receive our PPA capacity payment and are protected under the terms of the PPA from having to pay availability penalties. As a result, we do not expect the outage to have
a material financial impact on the Corporation. The Unit was returned to service on Oct. 6, 2013. Arbitration on the matter began during the quarter.
Bullboard Posts