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TransAlta Reports Strong First Quarter 2021 Results led by Exceptional Performance at Alberta Hydro News provided by Share this article First Quarter 2021 Highlights Comparable EBITDA (1) of $310 million, an increase of $90 million or 41 per cent compared to the same period in 2020 Free cash flow ("FCF") (1) of $129 million or $0.48 per share compared to $109 million or $0.39 per share, a 23 per cent increase on a per share basis, for the same period in 2020 Hydro segment delivered $77 million of comparable EBITDA, an increase of $51 million or 96 per cent compared to the same period in 202...

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...

Canadian Power Utility Aims to be Coal-Free by 2022 Feb 4, 2021 6:20:pm Summary by: Dale Lunan Posted in: Canadian Power Utility Aims to be Coal-Free by 2022 Canadian utility TransAlta says it plans to be entirely off coal at its thermal generating stations by the start of 2022, as it works to complete coal-to-gas conversions at its Sundance/Keephills generating complex west of Edmonton. On February 1 it announced the completion of the C$85mn (US$66mn) conversion of Unit 6 at Sundance and advised that conversions of Units 2 and 3 at Keephills would be completed in June and December this year....

TransAlta Corp. has completed the first of three planned coal-to-gas plant conversions, a major milestone for the Calgary-based company that says it is on…