(TAC) TransAlta - Ratings and Ratios

TransAlta Corporation is a leading player in the energy sector, with a diverse portfolio of assets and operations that span across multiple segments, including Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing. The company's Hydro segment boasts an impressive owned hydroelectric generating capacity of approximately 922 megawatts, strategically located in key provinces such as Alberta, British Columbia, and Ontario, allowing it to capitalize on the region's abundant hydro resources. This segment is a crucial component of TransAlta's overall strategy, providing a stable source of renewable energy to its customers.

The Wind and Solar segment is another significant contributor to TransAlta's energy mix, with a net ownership interest of around 2,057 megawatts of owned wind and solar electrical-generating capacity. This segment has a broad geographic footprint, with operations in Canada and the United States, as well as in Western Australia. The company's wind and solar assets are complemented by battery storage facilities, which enable it to store excess energy generated during periods of low demand and release it when needed, thereby enhancing the overall efficiency and reliability of its operations. Furthermore, TransAlta's presence in multiple regions allows it to leverage local incentives and policies that support the development of renewable energy sources.

In addition to its renewable energy assets, TransAlta also has a substantial Gas segment, which comprises approximately 2,775 megawatts of owned gas electrical-generating capacity. This segment provides a flexible and reliable source of energy, allowing the company to respond quickly to changes in demand and market conditions. The Gas segment's operations are spread across Alberta, Ontario, Michigan, and Western Australia, giving TransAlta a strong presence in key energy markets. The company's gas-fired power plants are designed to operate efficiently and minimize environmental impacts, ensuring that they remain a viable component of its energy portfolio for years to come.

The Energy Transition segment is a critical part of TransAlta's strategy, as it focuses on the company's efforts to reduce its environmental footprint and transition towards cleaner energy sources. This segment has a net ownership interest of around 671 megawatts of owned coal electrical-generating capacity, as well as operates the Skookumchuck hydro facility in Centralia. Moreover, the Energy Transition segment is involved in the highvale mine and mine reclamation activities, demonstrating TransAlta's commitment to responsible and sustainable practices. By investing in energy transition initiatives, the company aims to reduce its reliance on fossil fuels and decrease its greenhouse gas emissions, ultimately contributing to a more sustainable energy future.

TransAlta's Energy Marketing segment plays a vital role in the company's overall operations, as it is responsible for trading power, natural gas, and environmental products. This segment serves a diverse range of customers, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas companies. By providing energy marketing services, TransAlta is able to optimize its energy portfolio, manage risks, and capitalize on market opportunities, ultimately delivering value to its customers and shareholders. With its extensive industry experience and expertise, the company is well-positioned to navigate the complexities of the energy market and respond to evolving customer needs.

As a company with a rich history dating back to 1909, TransAlta Corporation has established itself as a trusted and reliable player in the energy sector. Headquartered in Calgary, Canada, the company is committed to delivering sustainable energy solutions that meet the needs of its customers and support the transition to a low-carbon economy. With its diversified portfolio of assets, strong operational capabilities, and customer-centric approach, TransAlta is poised for long-term success and growth in the energy industry. For more information, please visit the company's website at https://www.transalta.com, or refer to its ISIN code: CA89346D1078, which is classified as a common stock under the GICS Sub Industry: Independent Power Producers & Energy Traders.