Recent Updates — TRNTF

TransAlta closed the acquisition of Mountain Peak Power and Canyon Peak Power, two fully contracted natural gas-fired peaking facilities totaling 318 MW near Denver, Colorado, from an indirect subsidiary of Blackstone, Inc., for a purchase price of US$1 billion, including the assumption of US$750 million in project debt. The transaction was funded using proceeds from a June public offering of common shares and cash on hand. Additionally, the Board approved a quarterly dividend of $0.07 per common share payable January 1, 2027. TransAlta is one of Canada’s largest publicly traded power generators with operations across Canada, the United States, and Western Australia.

TransAlta reported third-quarter 2026 net earnings attributable to common shareholders of $63 million, or $0.20 per share, compared to a net loss of $62 million in the prior year period. Adjusted EBITDA rose 11% to $264 million, driven by high fleet availability and environmental credit benefits. The company also announced a quarterly dividend of $0.07 per common share, payable January 1, 2027. Subsequent events include the acquisition of Colorado gas assets for US$1 billion and the sale of a minority interest in its Oklahoma wind portfolio for US$305 million. TransAlta is one of Canada’s largest publicly traded power generators with operations across Canada, the United States and Western Australia.

TransAlta Corporation declared a quarterly cash dividend of $0.07 per common share, payable on October 1, 2026, to shareholders of record as of September 1, 2026. The company also announced specific quarterly dividends for its Cumulative Redeemable Rate Reset First Preferred Shares (Series A through G), with amounts ranging from $0.27430 to $0.43088 per share depending on the series and applicable dividend rates. These preferred share payments are scheduled for September 30, 2026, with record dates of September 1, 2026. All dividends are denominated in Canadian dollars. TransAlta is a major publicly traded power generator operating electricity infrastructure across Canada, the United States, and Western Australia.