Welcome to our dedicated page for TransAlta news (Ticker: TAC), a resource for investors and traders seeking the latest updates and insights on TransAlta stock.
TransAlta Corporation (TAC) generates frequent news as a publicly traded power producer with a diversified fleet of electrical power generation assets in Canada, the United States and Australia. News coverage for TAC often reflects developments across its hydro, wind, solar, gas and thermal generation portfolio, as well as its role as one of Canada’s largest producers of wind power and Alberta’s largest producer of thermal and hydro-electric power.
Investors following TransAlta’s news can expect regular updates on operational decisions affecting specific facilities, such as notices to mothball units, regulatory orders affecting plant availability, and long-term agreements that reshape the company’s asset base. Recent examples include a notice to temporarily mothball Sheerness Unit 1 in Alberta and an order from the United States Department of Energy requiring Centralia Unit 2 in Washington State to remain available for operation for a defined period.
Corporate news for TAC also covers long-term contracts and acquisitions, such as a tolling agreement to convert Centralia Unit 2 from coal to natural gas-fired generation and a definitive agreement to acquire a 310 megawatt contracted Ontario gas portfolio. These items illustrate how TransAlta adjusts its portfolio through coal-to-gas conversions, contracted capacity arrangements and strategic acquisitions.
Financial and capital markets updates appear in TransAlta’s announcements of quarterly results, dividend declarations on common and preferred shares, credit facility extensions and other financing-related developments. Governance and leadership topics, such as the planned succession of the company’s President and Chief Executive Officer, also feature in the news flow.
This news page aggregates these types of items so readers can monitor TransAlta’s operational decisions, financial performance, ESG-related disclosures and strategic transactions in one place. For users tracking TAC, revisiting this page provides a view of how the company’s generation fleet, contracts and capital allocation priorities evolve over time.
TransAlta (TSX: TA; NYSE: TAC) reported Q1 2026 results: revenues $565M, adjusted EBITDA $204M, and free cash flow $102M. Production was 5,444 GWh and availability 93.8%. The company closed the Far North acquisition for $95M, raised the annual dividend 8%, and completed leadership changes including a new CEO and CFO.
Centralia Unit 2 remains under a U.S. DOE order through June 14, 2026, and Sheerness Unit 1 was mothballed effective April 1, 2026.
TransAlta (NYSE: TAC) held its Annual and Special Meeting on April 30, 2026. Shareholders represented 188,939,751 common shares (63.55% outstanding). All nine director nominees were elected, Ernst & Young LLP was appointed auditor, the advisory vote on executive compensation passed, and the Share Unit Plan increase was approved.
Vote tallies show broad support across resolutions, with director votes ranging from 92.54% to 99.64%.
TransAlta (NYSE: TAC) declared quarterly dividends on its cumulative redeemable rate reset first preferred shares for the period from March 31, 2026 up to but excluding June 30, 2026. Record date for all series is June 1, 2026 and payment date is June 30, 2026.
Declared per-share dividends (CAD): Series A $0.29888 (4.782%), Series B $0.26309 (4.221%, floating), Series C $0.36588 (5.854%), Series D $0.32978 (5.291%, floating), Series E $0.43088 (6.894%), Series G $0.42331 (6.773%).
TransAlta (NYSE: TAC) announced leadership appointments effective May 1 and May 6, 2026: Mike Politeski as EVP and Chief Financial Officer and Grant Arnold as EVP and Chief Commercial Officer.
The moves coincide with Joel Hunter becoming President and CEO on April 30, 2026 following John Kousinioris's retirement. The hires emphasize financial expertise, commercial execution and a focus on disciplined growth and operational excellence.
TransAlta (NYSE: TAC) will hold its 2026 Annual and Special Meeting of Shareholders virtually on April 30, 2026 at 11:30 a.m. MT (1:30 p.m. ET) and will release Q1 2026 results before markets open on May 6, 2026.
The meeting will be virtual-only with formal business only; the Q1 results conference call and webcast are scheduled May 6, 2026 at 9:00 a.m. MT (11:00 a.m. ET). Registration, replay, and related materials will be available via the company’s investor website and provided webcast links.
TransAlta (NYSE: TAC) held its 2026 Investor Day on March 23, 2026, presenting strategic priorities, Alberta market outlook and long-term growth to 2029.
The company emphasized optimizing existing assets, advancing an Alberta data centre MOU, pursuing Centralia and disciplined M&A while forecasting meaningful Adjusted EBITDA and free cash flow growth toward 2029.
TransAlta (NYSE: TAC) announced preferred share conversion results as of March 31, 2026. No Series A (9,629,913 outstanding) converted into Series B; 1,148,549 Series B of 2,370,087 converted into Series A on a one-for-one basis. Post-conversion counts: 10,778,462 Series A and 1,221,538 Series B outstanding. The Series A and Series B shares trade on the Toronto Stock Exchange as TA.PR.D and TA.PR.E, respectively.
TransAlta (NYSE: TAC) confirmed that its subsidiary TransAlta Centralia Generation LLC received an order from the U.S. Department of Energy requiring Centralia Unit 2 to remain available for operation for 90 days, through June 14, 2026. TransAlta is evaluating the Order and will coordinate with state and federal governments.
TransAlta (NYSE: TAC) will not redeem its Series A or Series B preferred shares on March 31, 2026, enabling holders to either retain their shares or elect conversion one-for-one between Series A and Series B on the Conversion Date.
Holders face a March 16, 2026 3:00 p.m. MST election deadline; Series A fixed dividend is 1.19550% quarterly (4.78200% annual) for five years and Series B floating dividend is 1.05236% quarterly (4.22100% annual) for the next quarter, with quarterly resets thereafter.
TransAlta (NYSE: TAC) entered a Memorandum of Understanding on Feb 27, 2026 with CPP Investments and Brookfield to advance a data centre at its Keephills site in Alberta.
The MOU includes an initial long-term power purchase agreement for ~230 MW, exclusive site and power-provider status, and evaluation of additional development aggregating up to 1 GW, all subject to regulatory approvals and definitive binding agreements.