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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

Post by chuck84on Jan 19, 2025 7:20am
97 Views
Post# 36410816

odd move?

odd move?own ta prefs and as such dont mind the increased value on the common but

am befuddled by this move considering:

- brookfield selling and
- alta electricity prices are at decade+ lows and there is a massive supply glut of generation for now

wouldnt want to hold the common when they release next q results. seems a lot of the move came when alberta made announcement that they want data centers. sure its good news should they be successful in attracting some over next decade but quebec and other jurisdictions could just as easily make same announcement.

strikes me much of this move is more thematic than substance
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