TAC News & Events

TransAlta Corporation entered into a Memorandum of Understanding with Canada Pension Plan Investment Board and Brookfield to advance a data centre development in Alberta, for which TransAlta will be the exclusive site and power provider. The MOU establishes a framework for phased development at the Company's Keephills site in Parkland County, including an initial long-term power purchase agreement for approximately 230 MW and the evaluation of opportunities for additional development aggregating up to 1 GW of load. All such development is subject to regulatory approvals and the parties reaching definitive binding agreements.

Provided 2026 Outlook including adjusted EBITDA of C$950M to C$1,050M and FCF of C$350M to C$450M, or $1.18 to $1.51 per share.

Announced an annual dividend increase of eight per cent, now equivalent to $0.28 per share on an annualized basis, which represents the seventh year of consecutive dividend growth

Reports Q4 revenue C$599M vs. C$678M last year. "TransAlta delivered strong performance in 2025, demonstrating its ability to generate solid free cash flow notwithstanding softer Alberta power prices, subdued market volatility, and lower merchant production. Our hedging strategy and contracted portfolio supported our strong ongoing performance and helped offset a challenging price environment" said John Kousinioris, President and CEO. "I'm pleased to share that free cash flow came in above the midpoint of our 2025 Outlook. We are pleased to announce that our Board of Directors has approved an eight per cent increase to our common share dividend, now equivalent to $0.28 per share on an annualized basis. This represents our seventh consecutive annual dividend increase, affirming our confidence in the Company's future and commitment to returning value to shareholders."