TransAlta announces Alberta power auction
CALGARY, Alberta (March 2, 2011) – TransAlta Corporation (TSX:TA) (NYSE:TAC) today announced it will be hosting its fourth Alberta fixed-price power auction on Tuesday, May 10, 2011. For Alberta wholesale power buyers seeking competitive prices for their long-term electricity needs, power auctions offer an efficient means to secure an affordable and reliable supply.
TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta’s focus is to efficiently operate our biomass, geothermal, wind, hydro, natural gas and coal facilities in order to provide our customers with a reliable, low-cost source of power. For 100 years, TransAlta has been a responsible operator and a proud contributor to the communities where we work and live. TransAlta is recognized for its leadership on sustainability by the Dow Jones Sustainability North America Index, the FTSE4Good Index and the Jantzi Social Index. TransAlta is Canada’s largest investor-owned renewable energy provider.
For more information:
Cory St. Croix
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Director, Public Affairs
Phone: (403) 267-7330 or Email: email@example.com
Director, Investor Relations
Phone: 1 800-387-3598 in Canada and U.S.