TransAlta Reports Strong Q3 Performance and Outlines Growth via Colorado Acquisition
TransAlta Corporation reported strong third-quarter operational and financial results, highlighted by an adjusted EBITDA of $264 million. CEO Joel Hunter noted the company's ability to maintain performance despite challenging market conditions. The company is focusing on significant growth opportunities, including the Boreal Technology Hub which is expected to reach a load of up to 1.6 GW. Additionally, TransAlta is targeting an annual adjusted EBITDA of $110 million from its recent acquisition in Colorado, signaling a strategic expansion into new energy markets.
Tickers: $TAC
Topics: earnings report EBITDA financial performance
Read the full article at Seeking Alpha
Part of the story Edward Jones Reports Strong Q3 2026 Growth Driven by Advisory Assets and New Digital Solutions (22 articles)