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TransAlta Corp (TAC) Q1 2021 Earnings Call Transcript


TransAlta Corp (TAC) Q1 2021 Earnings Call Transcript
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TransAlta Corp (NYSE: TAC)
Operator
Good morning. My name is Rebecca, and I will be your conference operator today. At this time, I would like to welcome everyone to TransAlta Corporation s First Quarter 2021 Results Conference Call. [Operator Instructions] Thank you.
Ms. Valentini, you may begin your conference.SPONSORED:
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TransAlta Reports Strong First Quarter 2021 Results led by Exceptional Performance at Alberta Hydro


TransAlta Reports Strong First Quarter 2021 Results led by Exceptional Performance at Alberta Hydro
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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 2020
Adjusted availability was 88.6 per cent compared to 92.8 per cent for the same period in 2020 ....

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