TransAlta Reports Fourth Quarter and Full Year 2020 Results, Provides 2021 Outlook and Announces Carbon Neutrality by 2050

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Go back to TransAlta Reports Fourth Quarter and Full Year 2020 Results, Provides 2021 Outlook and Announces Carbon Neutrality by 2050

Transalta Corp. (TAC) Reports Q4 FFO of C$0.59

March 3, 2021 7:56 AM EST

Transalta Corp. (NYSE: TAC) reported Q4 FFO of Cdn$0.59, versus Cdn$0.67 reported last year. Revenue for the quarter came in at Cdn$544 million, versus Cdn$609 million reported last year.

2021 Outlook:

The Company announced its 2021 outlook with comparable EBITDA estimated to be between $960 to $1,080 million. The midpoint of the range represents a 10 per cent increase over 2020 results. The Company expects comparable EBITDA to increase... More