Transalta Corp. (TAC) Reports Q3 Loss of C$1.68/sh

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TransAlta Reports Exceptional Third Quarter 2021 Results and Increases Annual Guidance

November 9, 2021 7:17 AM EST

CALGARY, AB, Nov. 9, 2021 /PRNewswire/ -

Third Quarter 2021 Highlights

Comparable EBITDA(1) of $381 million, an increase of $125 million or 49 per cent compared to the same period in 2020 Free cash flow ("FCF")(1) of $189 million or $0.70 per share compared to $106 million or $0.39 per share, a 79 per cent increase on a per-share basis over the same period in 2020 Hydro segment delivered $82 million of comparable EBITDA, an increase of $54 million compared to the same period in 2020 Alberta Thermal segment delivered $104 million of comparable EBITDA, an increase of $57 million compared to the same... More