Summary points about acquisition:
subject to pro-rationing based on a maximum aggregate issuance of 46,441,779 common shares of TransAlta and maximum aggregate cash consideration of $800 million.
A conference call with the investment community will take place on July 11 at 9:00 am MST (11:00 am EST). The call will begin with a short address by John Kousinioris, President and Chief Executive Officer of TransAlta, and Todd Stack, President of Renewables and EVP Finance and Chief Financial Officer of TransAlta, followed by a question-and-answer period for analysts and media.
A link to the live webcast will be available on the Investor Centre section of TransAlta's website at https://transalta.com/investors/presentations-and-events/ and on the Investors section of Renewables' website at https://transaltarenewables.com/investors/presentations-and-events/. If you are unable to participate in the call, the instant replay is accessible at 1-888-390-0541 (Canada and USA toll free) with TransAlta pass code 181225 followed by the # sign. A transcript of the broadcast will be posted on TransAlta's and Renewables' website once it becomes available.
Investor Inquiries:
Toll Free: 1-800-387-3598 in Canada and U.S.
Email: investor_relations@transalta.com
Media Inquiries:
Toll Free: 1-855-255-9184
Email: ta_media_relations@transalta.com
This webpage contains "forward-looking information", within the meaning of applicable Canadian securities laws, and "forward-looking statements", within the meaning of applicable United States securities laws, including the United States Private Securities Litigation Reform Act of 1995, and such statements are subject to the cautionary statements located here. This webpage also contains references to financial measures that are calculated and presented using methodologies other than in accordance with International Financial Reporting Standards, and additional disclosure relating to these financial measures can also be located here