TSX:TARenewable Energy
TransAlta (TSX:TA) Ordered To Extend Coal Use While Funding Gas Shift
The U.S. Department of Energy has ordered TransAlta to keep its Centralia Unit 2 coal plant running beyond its planned retirement.
The order overlaps with TransAlta’s agreement to convert Centralia to natural gas under a long term tolling deal with Puget Sound Energy.
TransAlta has completed a sizable senior notes issuance and moved to temporarily mothball Sheerness Unit 1.
TransAlta (TSX:TA), currently trading around CA$17.245, is navigating these operational changes after a sharp...