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TransAlta Corp T.TA

Alternate Symbol(s):  TAC | T.TA.PR.D | T.TA.PR.E | T.TA.PR.F | TSLTF | TACPF | T.TA.PR.G | T.TA.PR.H | 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
Post by BeEm1on Mar 08, 2016 2:51pm
173 Views
Post# 24635513

PPA terminations

PPA terminationsComments from CIBC Wood Gundy: For the power producers, we note: - TransCanada's position is improved, eliminating unprofitable PPAs and the volatility of Alberta power price exposure - TransAlta's position for now is unchanged, although there could be a negative outcome if the Balancing Pool terminates the Sundance PPAs, as the penalty payment may be insufficient to offset lost PPA income through PPA maturity, and the company would likely have to either temporarily or permanently shut the plants down - Capital Power's position is unchanged for now, as it is unlikely to immediately terminate its ownership of the Sundance C PPA given a 100% hedged position in 2016, and the Balancing Pool is in turn unlikely to terminate the Genesee 1 and 2 PPAs given an onerous penalty payment.
Bullboard Posts