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 | TSX: TA) will hold an Investor Day in Toronto on Monday, March 23, 2026, with the formal presentation starting at 9:00 a.m. ET / 7:00 a.m. MT. The event is hybrid: in-person and live webcast attendance are available.
The session will cover the company’s strategic priorities, long-term plan, financial outlook and growth opportunities. A recording and the presentation will be posted to the Investor Centre for those unable to attend live.
TransAlta (NYSE: TAC) reported 2025 results with adjusted EBITDA $1,104M and free cash flow $514M. The Board approved an 8% dividend increase to $0.28/year. Management provided 2026 outlook: adjusted EBITDA $950M–$1,050M and FCF $350M–$450M. Key developments include a Keephills data centre MOU for an initial ~230 MW PPA (up to 1 GW), the $95M Far North acquisition, and a Centralia tolling agreement with ~US$600M estimated conversion capex.
TransAlta (TSX: TA, NYSE: TAC) will release fourth quarter and full year 2025 results before markets open on Friday, February 27, 2026.
A conference call and webcast to discuss results and the company’s 2026 annual guidance will begin at 9:00 a.m. MT / 11:00 a.m. ET the same day. Replay and transcript will be available on the company website.
TransAlta (NYSE: TAC) announced that Alberta Power (2000) Ltd., a subsidiary, provided notice on Dec 18, 2025 that Sheerness Unit 1 will be temporarily mothballed effective Apr 1, 2026 for a period of up to two years. The company said the unit will remain available and fully operational through the winter season and that Sheerness Unit 2 will remain fully in service. TransAlta retains the flexibility to return Unit 1 to service if market fundamentals or contracting opportunities emerge, and described the action as preserving the long-term optionality of the asset while supporting its data centre strategy.
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 in Washington State to remain available for operation for 90 days, through March 16, 2026. The company says it is evaluating the Order and will cooperate with state and federal authorities. Additional details will be provided as they become available.
TransAlta (NYSE:TAC, TSX:TA) declared quarterly dividends on Dec 12, 2025.
The Board set a common share dividend of $0.065 per share payable on April 1, 2026 to holders of record at the close of business on March 1, 2026.
The Board also declared quarterly dividends for multiple cumulative redeemable rate reset preferred share series covering the period Dec 31, 2025 to Mar 31, 2026, with March 1, 2026 record date and March 31, 2026 payment date. Per‑share amounts: Series A $0.17981, Series B $0.26186, Series C $0.36588, Series D $0.32782, Series E $0.43088, Series G $0.42331. Series B and D have quarterly floating rates that reset each quarter. All amounts are in Canadian dollars.
TransAlta (NYSE: TAC) signed a 16-year fixed-price tolling agreement with Puget Sound Energy to convert Centralia Unit 2 from coal to natural gas, contracting 700 MW of capacity through Dec. 31, 2044. The conversion targets a ~50% reduction in emission intensity, requires approximately US$600 million of capital, and is forecast to deliver a build multiple of ~5.5x. Target commercial operation is late-2028 with a planned final investment decision after approvals in early 2027.
The Agreement is subject to customary regulatory approvals, including WUTC approval for PSE.
TransAlta (TSX: TA; NYSE: TAC) will acquire a 310 MW contracted Ontario gas portfolio for $95 million (about $306/kW), increasing its Ontario footprint to 1,300 MW. The portfolio comprises four gas-fired plants (Iroquois Falls 120 MW, Kingston 110 MW, North Bay 40 MW, Kapuskasing 40 MW) and 167 acres of co-located land.
The deal is expected to be immediately accretive to free cash flow and cash yield, with ~68% of gross margin contracted to 2031, and management projects about $30 million average Adjusted EBITDA per year. The transaction is subject to regulatory approvals and is expected to close by early Q1 2026. Financing will use cash on hand and draws on credit facilities.
Hut 8 (Nasdaq, TSX: HUT) entered a definitive share purchase agreement to sell a 310 MW portfolio of four natural gas-fired Ontario power plants to TransAlta (NYSE: TAC; TSX: TA) on Nov 17, 2025.
Hut 8 stabilized the assets after acquiring them out of bankruptcy, secured five-year capacity contracts across the portfolio via the Ontario IESO MT2 auction, and executed operational and commercial measures to restore revenue generation. Hut 8 plans to redeploy proceeds toward its multi-gigawatt digital infrastructure development pipeline and prioritize capital for high-return projects.
TransAlta (NYSE: TAC) reported Q3 2025 results for the quarter ended Sept. 30, 2025, delivering solid operations despite weaker market pricing. Key metrics: Adjusted EBITDA $238M, FCF $105M ($0.35/share), cash flow from operations $251M, and net loss attributable to common shareholders $62M. Availability was 92.7% and production totaled 6,151 GWh. Corporate actions: CEO John Kousinioris will retire effective Apr. 30, 2026, with CFO Joel Hunter named successor; TransAlta completed required divestitures (Poplar Hill Aug. 1, 2025; Rainbow Lake Oct. 2, 2025); entered a 230 MW AESO Demand Transmission Service contract; extended committed credit facilities to 2029.