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TransAlta Corporation Announces Closing of $540 million Transaction with TransAlta Renewables

2016-01-07 22:55:29| Energy - Topix.net

TransAlta Corporation announced the closing of the investment by TransAlta Renewables Inc. in TransAlta's Sarnia Cogeneration Plant, Le Nordais wind farm and Ragged Chute hydro facility for a combined value of approximately $540 million . The Portfolio consists of approximately 611 MW of highly contracted power generation assets located in Ontario and Quebec.

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TransAlta Renewables garners $200-million investment from Alberta fund manager

2015-11-24 22:25:13| Energy - Topix.net

A day after the Alberta government unveiled its plan to tackle climate change, Alberta's pension fund manager is investing $200 million in green energy. Alberta Investment Management Corp., which has $85 billion in assets under management, is investing $200 million in TransAlta Renewables, an affiliate of power producer TransAlta Corp. .

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TransAlta arranges $404m investment for three of its renewable assets in Canada

2015-11-24 01:00:00| Power Technology

TransAlta Corporation (TransAlta) has formed an agreement with its renewable unit TransAlta Renewables for an investment of around C$540m ($404m).

Tags: canada investment assets renewable

 

TransAlta: Environmental Regulations And Cheap Crude Make For A Perfect Storm

2015-10-28 02:19:09| Energy - Topix.net

Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. TransAlta's share price has fallen sharply over the last six months in response to the return of cheap petroleum and the election of pro-environment governments in Alberta and Canada.

Tags: make perfect cheap environmental

 

TransAlta proposes price-fixing case settlement

2015-10-01 17:19:05| Energy - Topix.net

TransAlta Corporation is offering to pay a $56 million settlement after Alberta's regulator found it deliberately timed outages at power plants at peak times to drive up electricity prices. TransAlta said the proposal includes the repayment of money it made by the activity, legal costs and an administrative penalty.

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