filecrux
Oct 22, 1:33 PM
$TAC TransAlta sold 49% of its Oklahoma wind to Ares for US
$305M cash.
🏢 One of Canada's largest publicly traded power generators
🏦 US
$305M is ~8% of its ~
$3.96B market value (at
$13.34, 16:00 ET Oct 21, 2026) vs C
$4.2B Adjusted Net Debt at June 30
🏢 The Oklahoma wind's ~US
$60M expected 2026 Adjusted EBITDA compares with TransAlta's reaffirmed company-wide 2026 Adjusted EBITDA outlook of C
$950M–C
$1,050M
✂️ It cedes ~US
$29M of that but keeps operational control
📅 Next: Q3 2026 results due before markets open on Tuesday, November 3, 2026
Source: GlobeNewswire release, Oct 22 + SEC 6-Ks, Jul 31 & Oct 6
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