TransAlta

TransAlta has successfully completed a bought-deal offering of common shares totaling US$350 million. Syndicate banks took the shares and sold them to investors, and the placement was fully subscribed. The transaction was confirmed in a filing with the U.S. SEC. » Więcej na de.investing.com

TransAlta said in an SEC filing it will acquire two contractually committed gas plants in Colorado and intends to finance the transaction through a bought‑deal placement of common shares expected to generate gross proceeds of US$350 million. No further details were provided on the plants, the counterparties or the terms of the offering. The acquisition is part of TransAlta's strategy to expand its portfolio of contractually committed power generation assets (Ticker: NYSE:TAC). » Więcej na de.investing.com

TransAlta agreed to buy two natural gas-fired peaking power plants in Colorado (318 MW) from Blackstone subsidiaries for $1 billion, including assuming $750 million of debt. The company plans a $350 million equity raise via a bought deal of 18.2 million common shares at $19.20 per share (underwriter option for an additional 2.7 million shares) and expects annual adjusted EBITDA of about $80 million and free cash flow of $33 million. The plants are secured by long-term tolling agreements with investment-grade customers; closing is expected in early Q4 2026, and the equity raise is to close around June 9, 2026. » Więcej na de.investing.com

TransAlta announced CEO John Kousinioris will retire and CFO Joel Hunter is CEO‑designate, highlighting accelerating demand from electrification, data centers and reshoring. Management guided to an adjusted 2026 EBITDA midpoint of about CAD 1 billion and plans to return roughly 15–25% of Free Cash Flow via dividends (≈ CAD 80 million this year) with the remainder for growth or buybacks. Growth priorities include an Alberta data‑center plan (initial ~230 MW PPA with potential to ~1 GW) and the Centralia coal‑to‑gas conversion tied to a 700 MW tolling agreement, with the project estimated to cost ~CAD 600 million and potentially add ~CAD 150 million EBITDA by 2029 if approved. The company is focusing expansion in Alberta, Ontario, the Western U.S. and Western Australia and emphasizes contract‑backed, accretive projects and energy‑marketing optimization. » Więcej na finance.yahoo.com

TransAlta reported 2025 free cash flow of $514 million, above the midpoint of its outlook, prompting the board to approve an 8% increase to the common share dividend. The company cited hedging and contracted revenues for offsetting weaker Alberta power prices and closed the acquisition of Far North Power, adding 310 MW of gas capacity. TransAlta advanced a data center MoU at Keephills and secured a long-term tolling agreement to convert Centralia Unit 2 from coal to gas. For 2026 it expects adjusted EBITDA of $950–$1,050 million and reported a 76% reduction in GHG emissions since 2015. » Więcej na finance.yahoo.com