TAC - TransAlta - Stock Price & Dividends

TransAlta Corporation is a leading player in the electric energy industry, focusing on the development, production, and sale of electricity. The company operates through five distinct segments: Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing.

The Hydro segment boasts an impressive portfolio of approximately 922 megawatts (MW) of owned hydroelectric generating capacity, strategically located in Alberta, British Columbia, and Ontario. This segment is a significant contributor to TransAlta's overall energy production.

The Wind and Solar segment is a key driver of the company's renewable energy efforts, with a net ownership interest of around 2,057 MW of owned wind and solar electrical-generating capacity. This segment also includes battery storage facilities, which are critical for stabilizing the grid and ensuring a reliable energy supply. The facilities are spread across Canada and the United States, with a presence in Western Australia as well.

The Gas segment is another significant contributor to TransAlta's energy production, with a net ownership interest of approximately 2,775 MW of owned gas electrical-generating capacity. The facilities are located in Alberta, Ontario, Michigan, and Western Australia, providing a diversified geographic footprint.

The Energy Transition segment is focused on reducing the company's carbon footprint, with a net ownership interest of around 671 MW of owned coal electrical-generating capacity. This segment also operates the Skookumchuck hydro facility in Centralia and is involved in highvale mine and mine reclamation activities.

The Energy Marketing segment plays a crucial role in connecting TransAlta's energy production with its customers, engaging in the trading of power, natural gas, and environmental products. The company serves a diverse range of customers across various industry segments, including commercial real estate, municipal, manufacturing, industrial, hospitality, finance, and oil and gas.

With a rich history dating back to 1909, TransAlta Corporation is headquartered in Calgary, Canada, and has established itself as a reliable and sustainable energy provider. For more information, please visit their website at https://www.transalta.com.