TransAlta Reports Fourth Quarter and Full Year 2020 Results, Provides 2021 Outlook and Announces Carbon Neutrality by 2050 News provided by Share this article Fourth Quarter 2020 Financial Highlights Comparable EBITDA Free Cash Flow ("FCF") (1) of $52 million or $0.19 per share in the quarter compared to $121 million or $0.43 per share for the same period in 2019 Full Year 2020 Financial Operating Highlights Comparable EBITDA (1,3) of $927 million compared to $928 million for the year ending 2019 adjusted for PPA Termination Payments (as defined below) FCF (1,3) of $358 million or $1.30 per share compared to $379 million or $1.34 per share adjusted for one-time PPA Termination Payments received in 2019 Strong availability of 90.3 per cent compared to 90.0 per cent for 2019