Competition Bureau reaches agreement with TransAlta to preserve competition in wholesale electricity supply in Alberta [Yahoo! Finance]
TransAlta Corporation Ordinary Shares (TAC)
Last transalta corporation ordinary shares earnings: 3/4 07:00 am
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Source: Yahoo! Finance
A Bureau review concluded that the proposed transaction would likely result in a substantial lessening of competition in the supply of wholesale electricity in Alberta To resolve the Bureau's concerns, TransAlta has agreed to sell Heartland Generation's Poplar Hill and Rainbow Lake 4 & 5 electricity generating businesses. The sale will be made to one or more independent purchasers to be approved by the Commissioner of Competition. The Bureau is satisfied that the sale will resolve the competition concerns arising from the proposed transaction. The complete consent agreement is available on the website of the Competition Tribunal. Quick facts On November 1, 2023 , TransAlta and Heartland Generation agreed that TransAlta would acquire Heartland Generation's entire business operations in Alberta and British Columbia TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada the United States and Australia Heartland Generation is t
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- TransAlta Co. (NYSE: TAC) was upgraded by analysts at Scotiabank to a "strong-buy" rating.MarketBeat
TAC
Earnings
- 11/5/24 - Beat
TAC
Sec Filings
- 12/10/24 - Form 6-K
- 12/4/24 - Form 6-K
- 11/14/24 - Form 6-K
- TAC's page on the SEC website