TSX:TARenewable Energy
TransAlta (TSX:TA) Valuation Revisited After Centralia Extension Order and US$400 Million Senior Notes Issue
TransAlta (TSX:TA) has landed back on investors radar after two intertwined developments: a three month federal order keeping its Centralia Unit 2 coal plant online and a US$400 million senior note issue to bolster flexibility.
See our latest analysis for TransAlta.
Despite the headline noise around Centralia and the new senior notes, the share price has drifted to about CA$17.25, with a roughly 15 percent year to date share price decline contrasting with a still impressive five year total...