TransAlta Corporation
New York Stock ExchangeRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- TransAlta Corporation is a diversified electricity power generation and wholesale marketing company headquartered in Calgary, Alberta, Canada. The company owns, operates, and develops a broad portfolio of electrical power generation assets totaling over 9,000 megawatts, including hydro, wind, solar, battery storage, natural gas, and thermal power generation facilities. Its product and service offerings include electricity generation from renewable sources such as wind, solar, and hydroelectric power; natural gas-fired and thermal power generation; battery energy storage solutions; energy marketing and trading services; and asset optimization. TransAlta serves a wide range of customers including municipalities, medium and large industries, businesses, and utilities primarily across Canada, the United States, and Australia. Founded in 1911, TransAlta has evolved into a leading clean energy solutions company with operations spanning three countries. The company focuses strategically on transitioning off coal by the end of 2025 and expanding its renewable energy portfolio with a current development pipeline targeting 4.8 gigawatts and plans to expand to 10 gigawatts by 2028. Recent major developments include the acquisition of a 310 MW contracted gas portfolio in Ontario for $95 million, a significant 1.2 gigawatt increase in economic ownership of renewable capacity through TransAlta Renewables acquisition, and the purchase of Heartland Generation adding 1.8 gigawatts of flexible capacity. TransAlta has emphasized customer-centered clean electricity growth, investing approximately $3.5 billion to add up to 1.75 GW of incremental renewable capacity by 2028. The company also has ongoing strategic partnerships focused on carbon capture, utilization, and storage (CCUS) and energy transition technologies. TransAlta operates through several business segments including Hydro, Wind & Solar, Gas, Energy Transition, and Energy Marketing, optimizing its extensive asset portfolio to deliver affordable, reliable, and environmentally responsible power. The company holds a strong commitment to sustainability with a 70% reduction in greenhouse gas emissions since 2015 and aims for net-zero emissions by 2045. Annual revenues approximate $3 billion with nearly $10 billion in assets under management, reflecting its robust financial position and operational scale in the power generation industry. In summary, TransAlta Corporation is a well-established, publicly traded independent power producer advancing its leadership in clean energy through diversified generation assets and strategic investments in renewables, natural gas, and carbon transition technologies primarily across North America and Australia, with a significant growth trajectory planned through 2028. Its comprehensive product and service offerings cover generation, trading, storage, and energy transition solutions targeting a broad industrial and utility customer base. Recent acquisitions, significant capacity expansions, and sustainability initiatives mark key developments in the last two years.
Cybersecurity Firm TAC InfoSec Limited Schedules Board Meeting To Consider Q1 FY27 Financial Results on July 10
TransAlta Corp (TAC) Shares Surge 3.3% -- What GF Score of 51 Tells Investors
TransAlta to Host Second Quarter 2026 Results Conference Call
Hitachi expands its work with OpenAI to accelerate AI-driven modernization and cybersecurity
Nexxen Raises Full-Year 2026 Contribution ex-TAC and Programmatic Revenue Guidance for the Second Time This Year Ahead of Today's Investor Day
Department of Energy Mandates Centralia Unit 2 Remain Available for Operation for Additional 90 Days
Check Point Joins OpenAI's Trusted Access for Cyber Program and Daybreak Initiative
TransAlta Announces Closing of $350 Million Bought Deal Offering of Common Shares
TransAlta Corporation (TA:CA) M&A Call Prepared Remarks Transcript
TransAlta to buy Blackstone-backed Colorado peaking plants for $1 billion
TransAlta Announces the Acquisition of Two Fully-Contracted Gas Assets in Colorado and Concurrent $350 Million Bought Deal Offering of Common Shares
Yubico Partners with OpenAI to Support Passkey Mandate for its Trusted Access for Cyber (TAC) Program Users
TransAlta Corp (TAC) Shares Surge 4.0% -- What GF Score of 53 Tells Investors
TransAlta Corp (TAC) Stock Up 3.2% but GF Value Says Overvalued -- GF Score: 59/100
TransAlta Corporation (TA:CA) Q1 2026 Earnings Call Transcript
TransAlta Reports First Quarter Results and Reaffirms Annual Guidance
TransAlta Corporation Announces Results of the 2026 Annual and Special Meeting of Shareholders and Election of all Directors
TransAlta Corporation (TA:CA) Shareholder/Analyst Call Prepared Remarks Transcript
TransAlta Declares Dividends
TransAlta Declares Dividends