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Sustaining capital range of $210 million TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today reported its financial results for the fourth quarter and full year ended Dec. 31, 2020. "2020 was a pivotal year for TransAlta. Despite the challenges of dealing with a pandemic, we delivered strong financial performance and continued to execute on our Clean Energy Investment Plan. We delivered our first gas conversion, Sundance 6, to market and are on track to close our coal mine in Alberta by end of 2021. Our greenhouse gas emissions (GHG) profile for 2020 reduced...

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 pe...