Sector: Utilities | Industry: Independent Power Producers |
Company Contact | |
Address: | TransAlta Place Suite 1400, 1100 1 St SE CALGARY AB T2G 1B1 |
Tel: | N/A |
Website: | https://transalta.com |
IR: | See website |
Key People | ||
John Harry Kousinioris President, Chief Executive Officer, Director | Todd John Stack Chief Financial Officer | Jane Nyla Fedoretz Executive Vice President, Chief Administrative Officer |
Wayne Collins Executive Vice President - Generation | Michael J. Novelli Executive Vice President - Generation | Blain Van Melle Executive Vice President, Alberta Business |
Brent Vincent Ward Senior Vice President - M&A, Strategy & Treasurer | Shasta R. Kadonaga Senior Vice President - Shared Services |
Business Overview |
TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets, utilizing a range of input resources that includes water, wind, solar, natural gas and thermal coal in Canada, the United States and Australia. The Company provides clean power for municipalities, medium and large industries, and utility customers. Its segments include Hydro, Wind & Solar, Gas, Energy Transition, Energy Marketing, and Corporate. The Company has a diversified portfolio of energy assets and its diverse fleet of hydro, wind, solar, natural gas and cogeneration generate about 6.7 gigawatts (GW) of electricity. It delivers renewable energy solutions for large scale commercial partners, including tech companies. It operates a fleet of electrical power generation assets, including Antrim Wind Project, Ardenville Wind Facility, Old Town Wind Project, Pinnacle Project, SunHills Solar Project, Cascade hydro power plant, and Fortescue River Gas Pipeline, among others. |
Financial Overview |
For the fiscal year ended 31 December 2023, TransAlta Corp revenues increased 13% to C$3.36B. Net income applicable to common stockholders increased from C$4M to C$644M. Revenues reflect Gas segment increase of 25% to C$1.51B, Energy Marketing segment increase of 38% to C$220M, Canada segment increase of 16% to C$2.22B, U.S. segment increase of 5% to C$987M. Net income benefited from Fuel, carbon. |