TransAlta (NYSE:TAC) (NYSE:TAC) is a publicly traded power generation and wholesale marketing company headquartered in Calgary, Alberta. The company develops, owns, and operates a diverse portfolio of energy assets across North America and Australia. TransAlta’s core business activities include the production of electricity from a wide range of fuel sources, as well as the trading and optimization of power and related commodities.
TransAlta’s generation fleet encompasses coal-fired, natural gas, hydroelectric, wind, solar, and energy storage facilities. The company has made significant investments in renewables over the past decade, expanding its wind and solar capacity while gradually reducing its reliance on coal. In addition to fleet ownership, TransAlta provides ancillary services such as frequency control and voltage support, helping grid operators maintain system reliability. Its wholesale marketing arm leverages proprietary trading expertise to optimize dispatch schedules, manage fuel supply contracts, and mitigate price risks.
With operations spanning Canada, the United States and Australia, TransAlta serves a mix of regulated and deregulated markets. In Canada, it operates major hydroelectric assets in British Columbia and Alberta, alongside thermal and renewable facilities in Saskatchewan and Nova Scotia. In the U.S., TransAlta’s portfolio includes gas-fired plants and wind farms in states such as Texas, Washington and Oregon. The company’s Australian business focuses on renewable generation and storage solutions. TransAlta also participates in power trading markets in Mexico, providing market access and risk management services to wholesale customers.
Founded in 1909 as Calgary Power Company, TransAlta has evolved through strategic acquisitions, divestitures and technological investments to become a leading independent power producer. Under the leadership of President and CEO John Kousinioris and CFO Ken Taylor, TransAlta is focused on advancing its transition to a low-carbon energy provider. The company’s management team emphasizes sustainability initiatives and continuous improvement in operational performance, while pursuing growth opportunities in renewable energy and energy storage technologies.
