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TransAlta Corp (TA.TO)

TA.TO on Toronto Stock Exchange

8.50CAD
20 Sep 2019
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Latest Key Developments (Source: Significant Developments)

TransAlta Announces Transformative $2 Bln Clean Energy Investment Plan And Dividend Policy
Monday, 16 Sep 2019 

Sept 16 (Reuters) - TransAlta Corp ::TRANSALTA ANNOUNCES TRANSFORMATIVE $2 BILLION CLEAN ENERGY INVESTMENT PLAN AND DIVIDEND POLICY.TRANSALTA CORP - TRANSALTA'S PLAN INCLUDES CONVERTING THREE OF ITS EXISTING ALBERTA THERMAL UNITS TO GAS IN 2020 AND 2021.TRANSALTA CORP - WILL ALSO CONVERT TWO OF ITS UNITS TO COMBINED CYCLE NATURAL GAS UNITS IN LATE 2023 TO LATE 2024 PERIOD.TRANSALTA - INVESTMENT PLAN TO BE FUNDED FROM CASH RAISED THROUGH STRATEGIC INVESTMENT WITH AFFILIATE OF BROOKFIELD RENEWABLE PARTNERS, OTHERS.TRANSALTA CORP - COMPANY REMAINS COMMITTED TO RETURNING UP TO $250 MILLION TO SHAREHOLDERS OVER NEXT THREE YEARS THROUGH SHARE REPURCHASES.TRANSALTA CORP - REMAINS COMMITTED TO REDUCING ITS CORPORATE LEVEL DEBT BY $400 MILLION IN 2020.  Full Article

Capital Power To Divest Its 50% Share Of Keephills 3 Generation Unit To Transalta
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Capital Power Corp ::CAPITAL POWER TO GAIN 100% OWNERSHIP AND CONTROL OF GENESEE GENERATING STATION THROUGH DIVESTITURE OF INTEREST IN KEEPHILLS 3.CAPITAL POWER CORP - TO DIVEST ITS 50% SHARE OF KEEPHILLS 3 GENERATION UNIT TO TRANSALTA CORPORATION.CAPITAL POWER CORP - TO ACQUIRE TRANSALTA'S 50% SHARE OF GENESEE 3 GENERATION UNIT.CAPITAL POWER CORP - G3 WILL BE FULLY OWNED AND OPERATED BY CAPITAL POWER AND K3 WILL BE FULLY OWNED AND OPERATED BY TRANSALTA.CAPITAL POWER CORP - NET COST OF TRANSACTION TO CAPITAL POWER IS $10 MILLION..  Full Article

Mangrove Partners Commences Action Against TransAlta
Wednesday, 24 Apr 2019 

April 23 (Reuters) - TransAlta Corp ::MANGROVE PARTNERS COMMENCED AN ACTION IN ONTARIO SUPERIOR COURT OF JUSTICE AGAINST TRANSALTA CORP, ITS DIRECTORS, BROOKFIELD BRP HOLDINGS.MANGROVE PARTNERS - SEEKS RELIEF UNDER OPPRESSION REMEDY PROVISIONS, ASKING COURT TO SET ASIDE BROOKFIELD DEAL WITH TRANSALTA.  Full Article

Mangrove Partners Reports 7.1 Percent Passive Stake In Transalta Corp As Of April 22 - SEC Filing
Monday, 22 Apr 2019 

April 22 (Reuters) - TransAlta Corp ::MANGROVE PARTNERS REPORTS 7.1 PERCENT PASSIVE STAKE IN TRANSALTA CORP AS OF APRIL 22 - SEC FILING.  Full Article

TransAlta Updates Shareholders On Hearing Process
Tuesday, 16 Apr 2019 

April 15 (Reuters) - TransAlta Corp ::TRANSALTA UPDATES SHAREHOLDERS ON HEARING PROCESS.UPDATED SHAREHOLDERS REGARDING PRIVATE PROCEEDINGS SOUGHT TO BE COMMENCED BY DISSIDENT SHAREHOLDER MANGROVE PARTNERS BEFORE OSC AND ASC.OSC ELECTED TO DECLINE TO ASSERT JURISDICTION AND WILL NOT BE INVOLVED IN THESE PROCEEDINGS ANY FURTHER.NEXT STEP IN PROCEEDINGS IS FOR MANGROVE TO SEEK LEAVE FROM ASC TO PURSUE ITS COMPLAINTS AGAINST TRANSALTA.TRANSALTA - WILL OPPOSE MANGROVE'S EFFORTS TO OBTAIN LEAVE AND, IF LEAVE IS GRANTED, WILL VIGOROUSLY CONTEST MERITS OF MANGROVE'S COMPLAINTS.ASC WILL CONSIDER MANGROVE'S REQUEST FOR LEAVE WEEK, WITH ORAL DECISION SCHEDULED TO BE ISSUED BY ASC ON APRIL 18, 2019.  Full Article

Transalta Responds To Mangrove Application For Joint Hearing
Wednesday, 10 Apr 2019 

April 9 (Reuters) - TransAlta Corp ::TRANSALTA RESPONDS TO MANGROVE APPLICATION FOR JOINT HEARING.CO IS MOVING FORWARD WITH STRATEGIC PARTNERSHIP WITH BROOKFIELD.  Full Article

Mangrove Applies For Review Of Transalta's Brookfield Deal
Wednesday, 10 Apr 2019 

April 9 (Reuters) - Mangrove Partners::MANGROVE PARTNERS APPLIES FOR JOINT HEARING WITH ALBERTA AND ONTARIO SECURITIES COMMISSIONS TO REVIEW TRANSALTA CORPORATION'S BROOKFIELD TRANSACTION.MANGROVE PARTNERS - SEEKS ORDER CONDITIONING BROOKFIELD TRANSACTION ON A VOTE OF TRANSALTA SHAREHOLDERS NOT HAVING AN INTEREST IN BROOKFIELD DEAL.TRANSALTA CORP - ALSO REQUESTED ASC, OSC REQUIRE TRANSALTA TO PROVIDE SHAREHOLDERS WITH FULL, ACCURATE DISCLOSURES RELATED TO BROOKFIELD TRANSACTION.MANGROVE PARTNERS SAYS ALSO SEEKS ORDERS FROM ASC AND OSC THAT TRANSALTA POSTPONE 2019 ASM UNTIL AT LEAST JUNE 1, 2019.MANGROVE PARTNERS SAYS TOGETHER WITH BLUESCAPE ENERGY PARTNERS IS AMONG LARGEST SHAREHOLDERS OF TRANSALTA, AGGREGATE OWNERSHIP OF 10.1% SHARES.  Full Article

Mangrove Partners Master Fund Reports 7.1 Percent Stake In Transalta Corp As Of March 6 - SEC Filing
Saturday, 16 Mar 2019 

March 15 (Reuters) - TransAlta Corp ::MANGROVE PARTNERS MASTER FUND, LTD. REPORTS 7.1 PERCENT STAKE IN TRANSALTA CORP AS OF MARCH 6 - SEC FILING.  Full Article

TransAlta Corp Files For Mixed Shelf Of Upto $2.0 Billion - SEC Filing
Friday, 1 Mar 2019 

March 1 (Reuters) - TransAlta Corp ::TRANSALTA CORP FILES FOR MIXED SHELF OF UPTO $2.0 BILLION - SEC FILING.  Full Article

Transalta Corp Reports Q4 Funds From Operations Of $0.76 Per Share
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - TransAlta Corp ::TRANSALTA REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.TRANSALTA CORP - FUNDS FROM OPERATIONS OF $0.76 PER SHARE IN QUARTER.TRANSALTA CORP - TRANSALTA IS ON-TRACK TO MEET FINANCIAL TARGETS DEFINED IN ITS OUTLOOK.TRANSALTA CORP - COMPANY INTENDS TO EVALUATE STRATEGIC INVESTMENTS IN RENEWABLE ASSETS.TRANSALTA CORP - QTRLY PRODUCTION 8,276 GWH VERSUS 10,374 GWH.  Full Article

PRESS DIGEST - Canada - April 12

April 12 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.