TransAlta Corp T.TA

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

Utilities Utilities - Independent Power Producers

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

TransAlta Corp

<< Previous

Bullboard Posts

Next >>

Post by Betteryear2on May 05, 2023 8:14am

224 Views

Post# 35432379

TransAlta Reports First Quarter 2023 Results

CALGARY, AB, May 5, 2023 /PRNewswire/ -

First Quarter 2023 Financial Highlights

Adjusted EBITDA(1),(2) of $503 million, an increase of 94% over the same period in 2022
Free Cash Flow ("FCF")(1) of $263 million, or $0.98 per share, an increase of 145% on a per-share basis from the same period in 2022
Earnings before income taxes of $383 million, an improvement of $141 million from the same period in 2022
Net earnings attributable to common shareholders of $294 million, an increase of $108 million from the same period in 2022
Cash flow from operating activities of $462 million, an increase of 2% from the same period in 2022