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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 BeEm1on Feb 06, 2014 5:00pm
284 Views
Post# 22181414

Keephills 1

Keephills 1Anyone have an update on Keephills 1 since this note in the 3rd Quarter interim report of ENMAX? Keephills Outage On March 5, 2013, the Keephills Unit 1 generator was removed from service by its operator, Transalta Corporation (Transalta). Keephills Unit 1 provides ENMAX with approximately 340 MW of electricity through a Power Purchase Agreement (PPA). On March 26, 2013, ENMAX received notice from Transalta that it has made a claim of force majeure under the Keephills PPA. Under a force majeure, ENMAX is not compensated for the outage by the operator for the duration of the outage under the terms of the PPA. In addition, during a force majeure, ENMAX is relieved from paying certain capacity charges to the plant owner for the duration of the force majeure event. The Keephills Unit 1 generator returned to service on October 5, 2013. ENMAX and Transalta are in the dispute resolution process in accordance with the terms of the PPA. For the three and nine months ended September 30, 2013, the Keephills outage impact was $51.2 million and $125.1 million, respectively. Resolution of this dispute is not expected to occur during 2013 and any recoveries pursuant to that dispute will be recognized when that dispute is resolved.
Bullboard Posts