TransAlta Corporation (TAC) reports developments as a publicly traded power generator with operations in Canada, the United States and Western Australia. The company’s portfolio includes hydro, wind and solar, gas and energy-transition assets, with updates often tied to fleet availability, contracted generation, hedging activity, Alberta power-market conditions and cash-flow performance.
Company announcements also cover quarterly results and guidance, annual shareholder meeting outcomes, board and executive leadership changes, preferred share dividends and preferred share conversion mechanics. Operational news may address asset-specific matters within TransAlta’s generation fleet and the integration of acquired assets into its broader power platform.
TransAlta (NYSE: TAC) reported third-quarter net earnings attributable to common shareholders of $63 million and reaffirmed its 2026 outlook. Earnings were $0.20 per share, versus a $0.20 loss a year earlier. Revenue fell to $536 million from $615 million, while adjusted EBITDA, a non-IFRS earnings measure, rose to $264 million from $238 million. Free cash flow declined to $93 million from $105 million.
On Oct. 22, 2026, TransAlta completed its US$1 billion Colorado gas acquisition, including US$750 million of assumed project debt, and sold a 49 per cent Oklahoma wind interest for US$305 million before closing adjustments. Battle River Units 4 and 5 will be mothballed from March 1, 2027, up to Jan. 1, 2029; Sundance 6's mothballing was extended up to April 1, 2029. TransAlta is advancing the Centralia conversion and Boreal Technology Hub. Financial figures are Canadian dollars unless indicated.
TransAlta (NYSE: TAC) declared a quarterly common-share dividend of C$0.07 per share, payable January 1, 2027. Shareholders must be on record at the close of business on December 1, 2026.
The board also declared quarterly dividends on six preferred-share series, payable December 31, 2026, with the same record date. All amounts are in Canadian dollars. Payments falling on a weekend or holiday are made the following business day.
TransAlta (TAC) closed the sale of a 49 per cent interest in its Oklahoma wind portfolio to Ares Infrastructure funds for US$305 million.
Cash proceeds are before customary closing adjustments. The 500 MW portfolio has long-term contracts with investment-grade counterparties and production tax credits expiring in 2034. Expected 2026 Adjusted EBITDA, a non-IFRS earnings measure, is approximately US$60 million, including approximately US$29 million attributable to the sold interest. TransAlta retains operational oversight under a long-term asset management agreement and expects proceeds to support its balance sheet and growth, including Centralia conversion and Alberta data centre projects.
TransAlta also completed the acquisition of Mountain Peak Power and Canyon Peak Power from Blackstone for US$1.0 billion, including US$750 million of assumed senior secured project-level debt. The two fully contracted gas-fired peaking facilities near Denver total 318 MW.
TransAlta (NYSE:TAC) will release its third quarter 2026 results before markets open on November 3, 2026. A conference call and webcast discussing the results will begin that day at 9:00 a.m. Alberta Time (10:00 a.m. Eastern Time). Related materials will be available on the company’s investor website, with a webcast replay and a transcript posted once available.
TransAlta (TAC) reports a U.S. Department of Energy order requiring its Centralia Unit 2 in Washington State to remain available for operation for 90 days.
The order applies until December 12, 2026. Once in effect, the company plans to comply with the mandate and work with the U.S. Department of Energy and the Washington state government.
TransAlta (NYSE:TAC) reported second quarter 2026 revenue of $487 million, up from $433 million in 2025, with adjusted EBITDA of $291 million versus $349 million. Free cash flow was $143 million ($0.47/share), down from $177 million ($0.60/share). Net earnings attributable to common shareholders were $35 million ($0.12/share), compared to a loss of $112 million ($0.38/share) a year earlier. Cash flow from operating activities declined to $62 million from $157 million.
Operational availability was 90.2% and production 4,720 GWh. TransAlta reaffirmed confidence in its 2026 outlook, announced a US$1 billion deal to acquire the fully contracted 318 MW Mountain Peak and Canyon Peak gas peaking assets, and completed a $350 million common share offering at $19.20 to fund the acquisition. The company also highlighted ongoing Centralia coal-to-gas transition, an extension of the U.S. DOE order keeping Centralia Unit 2 available, executive leadership changes, and the mothballing of Sheerness Unit 1.
TransAlta (NYSE: TAC, TSX: TA) declared a quarterly common share dividend of $0.07 per share, payable on Oct. 1, 2026 to shareholders of record on Sept. 1, 2026. The Board also declared quarterly dividends for Series A, B, C, D, E and G preferred shares, with rates from 4.353% to 6.894% and per-share amounts from $0.27430 to $0.43088, all record date Sept. 1, 2026 and payment date Sept. 30, 2026.
TransAlta (NYSE:TAC) will release its second quarter 2026 results before markets open on Friday, July 31, 2026. The company will host a conference call and live webcast at 9:00 a.m. MT (11:00 a.m. ET) for investors, analysts, media, and other interested parties.
Participants must register online to receive dial-in details or use a “Call Me” option. A replay, related materials, and a transcript will be available afterward on TransAlta’s investor website.
TransAlta (NYSE:TAC) announced that its subsidiary, TransAlta Centralia Generation, received an order from the U.S. Department of Energy requiring Centralia Unit 2 in Washington State to remain available for operation for 90 days, until September 13, 2026. TransAlta plans to comply and cooperate with federal and state authorities.
TransAlta (NYSE:TAC) closed a bought deal offering of 18,230,000 common shares at $19.20 per share, raising about $350 million in gross proceeds. Net proceeds are intended primarily to fund a previously announced acquisition of 318 MW of natural gas-fired peaking facilities near Denver.
Underwriters hold a 30-day option to buy up to 2,734,500 additional shares for potential extra gross proceeds of about $52.5 million. If the acquisition does not close, funds may support other growth opportunities, capital projects, debt reduction or general corporate purposes.