TransAlta CorporationCalgary, Canada (NYSE: TAC)

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TransAlta Company Description

TransAlta has transformed itself from one of Canada's largest electric utilities into one of its largest independent power producers. The company has about 10,210 MW of operational generating capacity. It trades and markets electricity and gas in Canada and the US. Most of TransAlta's generating capacity is coal-fired; the rest comes from gas-fired, hydroelectric, and alternative-energy plants. TransAlta has sold its regulated distribution and transmission businesses to focus on power generation and marketing, primarily to industrial and wholesale customers. The company has 55 facilities in Australia, Canada, Mexico, and the US.

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The Company Description provides a historical perspective of TransAlta's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of TransAlta's evolution in the marketplace.

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