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) 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 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.
TransAlta (NYSE:TAC) agreed to acquire Mountain Peak Power and Canyon Peak Power, two fully contracted Colorado gas peaking plants totaling 318 MW, for US$1.0 billion including US$750 million of non-recourse project debt.
The assets are expected to add about US$80 million Adjusted EBITDA and US$33 million Free Cash Flow annually. A concurrent bought deal equity offering of $350 million will fund the US$250 million equity component. The acquisition is targeted to close early Q4 2026.
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.