TransAlta Reports Strong Third Quarter Results and Reaffirms Guidance
Key Highlights
- ➤Adjusted EBITDA $264 million, up from $238 million year-over-year
- ➤Net earnings $63 million, versus a $62 million loss previously
- ➤2026 Outlook reaffirmed after strong year-to-date performance
- ➤Colorado gas acquisition totals US$1 billion, including US$750 million debt
- ➤Oklahoma wind stake sale generates US$305 million in cash proceeds
- ➤Battle River Units 4 and 5 mothballed from March 1, 2027
Expert Statements
Joel Hunter, President and Chief Executive Officer of TransAlta
“TransAlta delivered strong third quarter results driven by high fleet availability, disciplined asset optimization, benefits of our environmental credit portfolio and contributions across our diversified fleet.”
Joel Hunter, President and Chief Executive Officer of TransAlta
“Our Alberta portfolio continued to generate realized prices well above spot prices due to our optimization and hedging programs. With our strong year to date performance, we are confident in achieving our 2026 Outlook range”
Joel Hunter, President and Chief Executive Officer of TransAlta
“I am also very pleased with the continued execution of our strategic priorities.”
Joel Hunter, President and Chief Executive Officer of TransAlta
“As power demand continues to increase, I believe TransAlta is uniquely positioned to leverage its diversified fleet, development capabilities and strategic infrastructure to deliver reliable power and create sustainable long-term value for shareholders”
TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the third quarter ended September 30, 2026.
“TransAlta delivered strong third quarter results driven by high fleet availability, disciplined asset optimization, benefits of our environmental credit portfolio and contributions across our diversified fleet,” said Joel Hunter, President and Chief Executive Officer of TransAlta. "Our Alberta portfolio continued to generate realized prices well above spot prices due to our optimization and hedging programs. With our strong year to date performance, we are confident in achieving our 2026 Outlook range,” added Mr. Hunter.
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