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TAC Transalta Corp.

$12.98
$0.23
(1.74%)
Today
Closed $12.98
$0.00
(0.00%)
After Hours
EarningsNov 3
Mkt Cap$4.11B
Vol835,531.00

About TAC

TransAlta Corp. engages in the generation and distribution of electricity through wind, hydro, gas and coal power plants. It operates through the following business segments: Hydro, Wind and Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Hydro, Wind and Solar, Gas and Energy Transition business segments are responsible for operating and maintaining the company's electrical generation facilities in Canada, Australia, and the US. The Energy Marketing segment is responsible for marketing and scheduling the company's merchant asset fleet outside of Alberta along with procurement of gas, transport and storage to the company's gas fleet, providing intellectual knowledge to support the company's growth team, and generating a stand-alone gross margin separate from the company's asset business through a North American energy marketing platform. The company was founded by William Maxwell Aitken in 1909 and is headquartered in Calgary, Canada.
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Bearish Sentiment

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filecrux
$TAC TransAlta sold 49% of its Oklahoma wind to Ares for US$305M cash. 🏢 One of Canada's largest publicly traded power generators 🏦 US$305M is ~8% of its ~$3.96B market value (at $13.34, 16:00 ET Oct 21, 2026) vs C$4.2B Adjusted Net Debt at June 30 🏢 The Oklahoma wind's ~US$60M expected 2026 Adjusted EBITDA compares with TransAlta's reaffirmed company-wide 2026 Adjusted EBITDA outlook of C$950M–C$1,050M ✂️ It cedes ~US$29M of that but keeps operational control 📅 Next: Q3 2026 results due before markets open on Tuesday, November 3, 2026 Source: GlobeNewswire release, Oct 22 + SEC 6-Ks, Jul 31 & Oct 6
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$TAC 🤝 TransAlta Corporation closed the sale of a 49% minority interest in its 500 MW Oklahoma wind portfolio to Ares Infrastructure funds for US$305 million and closed a US$1 billion acquisition of Colorado gas assets to rotate capital into core geographies. Curated for market relevance

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