The full conversion of Keephills Unit 3 from thermal coal to natural gas is a significant milestone for TransAlta in its transition off coal. We are pleased to have completed this important step, nine years ahead of the government target.
Powering economies and communities since 1911
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia. As one of Canada’s largest producers of wind, and Alberta’s largest producer of hydroelectric power, we provide clean, affordable and reliable power to our customers.
A Strong Investment
With over 100 years of experience in the power generation industry, TransAlta’s proven expertise has created a company with a diversified asset base – both in fuel type and geography. With our refocused strategy and financial discipline, we expect to grow cash flows from existing assets as well as develop new clean generation for today and tomorrow.
2021 Company Objectives
In addition to meeting our 2021 financial targets, our efforts in 2021 will move us closer to 100 per cent clean electricity by 2025.
In 2021, our teams are focused on the following:
Our 2021 and longer-term sustainability targets support the long-term success of our business. The following targets highlight our future ESG value proposition and paint a portrait of how the Corporation will continue to be positioned as an ESG leader in the future. Goals and targets are established to manage key and emerging material sustainability issues and to improve our performance in these areas. We continue to evolve and adapt our goals and targets to focus on anticipated key areas of sustainability materiality.
TransAlta supports the Sustainable Development Goals
[breadcrumb]CALGARY, Alberta (May 24, 2022) - TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the Toronto Stock Exchange (“TSX”) has accepted the notice filed by the Company to implement a normal course issuer bid...
[breadcrumb] CALGARY, Alberta (May 6, 2022) First Quarter 2022 Financial Highlights Adjusted EBITDA(1),(2) of $266 million, a decrease of 14% over the same period in 2021 Free Cash Flow ("FCF")(1) of $115 million, or $0.42 per share, a decrease of 13% on...