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

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

March 3, 2021 7:53 AM EST

CALGARY, AB, March 3, 2021 /PRNewswire/ -

Fourth Quarter 2020 Financial Highlights

Comparable EBITDA(1) of $234 million compared to $243 million for the same period in 2019 Free Cash Flow ("FCF")(1) of $52 million or $0.19 per share in the quarter compared to $121 million or $0.43 per share for the same period in 2019

Full Year 2020 Financial  Operating Highlights

Comparable EBITDA(1,3) of $927 million compared to $928 million for the year ending 2019 adjusted for PPA Termination Payments (as defined below) FCF(1,3) of $358 million or $1.30 per share compared to $379 million or $1.34 per share adjusted for one-time... More