TransAlta reports Q3 FFO C$0.68 vs C$1.36 last year

Reports Q3 revenue C$638M vs C$1.017B last year. “Our third quarter results illustrate the value of our proactive hedging strategy together with the active management of our Alberta merchant portfolio. Our asset optimization strategies have achieved exceptional results and we are tracking toward the upper end of our 2024 guidance given our portfolio position and performance during the first nine months of the year,” said John Kousinioris, President and Chief Executive Officer of TransAlta (TAC).