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TransAlta Announces Growth Targets to 2028, Financial Outlook for 2024 and Declares Dividend Increase of 9%

Newswire.ca - Tue Nov 21, 2023

CALGARY, AB, Nov. 21, 2023 /CNW/ - 

TransAlta Corporation (TSX: TA) (NYSE: TAC) is pleased to announce it has updated its strategic growth targets to 2028 which strengthen the Company's commitment to being a leader in clean electricity by delivering customer-centred power solutions.  The growth targets include adding up to 1.75 GW of new capacity to the Company's fleet by investing approximately $3.5 billion to develop, construct or acquire new assets through to the end of 2028. The Company will be providing further details at its Investor Day event, being held today in Toronto and virtually, on its strategic priorities, market outlook, operations, growth opportunities and pipeline, 2024 financial outlook and longer-term plan.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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