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

Utilities Utilities - Independent Power Producers

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.

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TransAlta Corp

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Post by Betteryear2on Feb 24, 2022 8:23am

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Post# 34457095

TransAlta Reports Fourth Quarter and Full Year 2021 Results

CALGARY, AB, Feb. 24, 2022 /PRNewswire/ -

Fourth Quarter 2021 Financial Highlights

Adjusted EBITDA(1),(2) of $270 million, an increase of 15% over the same period in 2020
Free Cash Flow ("FCF")(1) of $106 million, or $0.39 per share, an increase of 105% on a per-share basis from the same period in 2020
Loss before income taxes of $32 million, an improvement of $136 million from the same period in 2020
Cash flow from operating activities of $54 million, a decrease of 51% from the same period in 2020

Full Year 2021 Financial Highlights

Adjusted EBITDA(1),(2) of $1.263 billion, an increase of 36% from the same period in 2020
FCF(1) of $562 million, or $2.07 per share, an increase of 59% on a per-share basis from the same period in 2020
Loss before income taxes of $380 million, an increase of $77 million from the same period in 2020
Cash flow from operating activities of $1.0 billion, an increase of 43% from the same period in 2020