TransAlta Corporation (TA.TO)
TransAlta Corporation operates in the Independent Power Producers industry of the Utilities sector, headquartered in Calgary, AB, CA. The stock last traded at $16.30, down 2.04% on the session, giving a market capitalisation of $5.15B. Its beta of 0.46 implies it has historically moved less than the broad market.
TransAlta Corporation is an energy firm engaged in the ownership, operation, and enhancement of a diverse array of electricity-generating assets across Canada, the United States, and Australia. The company's activities are organized into four primary sectors: Hydro, Wind and Solar, Gas, and Energy Transition. Its infrastructure encompasses hydroelectric, wind, solar, natural gas-fired, and coal-fired power plants. Additionally, TransAlta engages in the wholesale trading of electrical power, alongside other energy-related goods and financial instruments. Its business scope extends to associated mining operations and the management of natural gas pipelines. TransAlta serves a broad customer base, including municipalities, mid-to-large-scale industrial clients, businesses, and utility companies. Founded in 1909, the corporation maintains its headquarters in Calgary, Canada.
TransAlta Corporation is most often compared with the following Utilities names: