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TransAlta Corp T.TA

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

TransAlta Corporation owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. It provides municipalities, medium and large industries, businesses and utility customers with affordable, energy-efficient and reliable power. It also produces wind power and hydro-electric power. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. It has a diversified fleet of hydro, wind, solar, natural gas, and cogeneration generate 7,300 megawatt 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, Fortescue River Gas Pipeline, and others. The Antrim Wind Project is situated on over 1,700 acres of land located in Hillsborough County, New Hampshire.


TSX:TA - Post by User

Bullboard Posts
Post by molybuckson Apr 20, 2012 4:41pm
409 Views
Post# 19818492

Perspective

Perspective

Transalta did all their DD on contracts and the condition of the boilers for Sundance 1 and Sundance 2. Older, less efficient coal fired units towards the end of their life. TAC had all the time to review their legal position before initiating. Transcanada is in a reactive position. Cheap natural gas prices and a sustained spark spread on btu to MW/hr. It's a squeeze for partial settlement on what was base load prices per MW/Hr. Transcanada was in a position to resell on the power pool in Alberta. The hedgies are having at this stock until any arbitration results come out or the Q release and CC April 26. Now how does one ride their coat tails down and back up. TAC has commited to the dividend. It's sustainable at 35% of cash flow. So it's being paid at close to 7% to sit and wait out until the eventual short squeeze. I'm in for the ride.

Bullboard Posts