TransAlta

TAC

Market cap $4.17B

Transaction concludes a multi-phase program through which Hut 8 stabilized and strengthened the Portfolio following its acquisition out of bankruptcy MIAMI , Nov. 17, 2025 /PRNewswire/ -- Hut 8 Corp. (Nasdaq, TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases, today announced that it has entered into a definitive share purchase agreement (the "Agreement") with TransAlta Corporation (NYSE: TAC; TSX: TA) ("TransAlta"), one of Canada's largest publicly traded power generators. Under the Agreement, TransAlta will acquire the 310-megawatt portfolio of four natural gas-fired power plants in Ontario (the "Portfolio") owned and operated by Far North Power Corp. ("Far North"), an entity formed by Hut 8 and Macquarie Equipment Finance Ltd.

CALGARY, Alberta, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Highlights Purchase price of $95 million, or approximately $306 per kilowatt (kW) Immediately accretive to free cash flow and cash yield upon closing with approximately 68% of the portfolio's gross margin contracted to 2031; attractive recontracting fundamentals longer-term TransAlta's Energy Marketing and Trading team to deliver merchant upside and synergies Augments and further diversifies TransAlta's contracted portfolio and enhances competitive position in our core market of Ontario, increasing our footprint by 310 megawatts (MW) to 1,300 MW TransAlta Corporation (TransAlta or the Company) (TSX: TA; NYSE: TAC) is pleased to announce that it has entered into a definitive share purchase agreement (the Agreement) with an affiliate of Hut 8 Corp. and Macquarie Equipment Finance Ltd., the equity owners of Far North Power Corporation (Far North), pursuant to which TransAlta will acquire Far North and its entire business operations in Ontario.

TransAlta Corporation ( TA:CA ) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Stephanie Paris John Kousinioris - President, CEO & Director Joel Hunter - Executive VP of Finance & CFO Blain Van Melle - Executive Vice President of Commercial & Customer Relations Conference Call Participants Robert Hope - Scotiabank Global Banking and Markets, Research Division Mark Jarvi - CIBC Capital Markets, Research Division Benjamin Pham - BMO Capital Markets Equity Research Maurice Choy - RBC Capital Markets, Research Division John Mould - TD Cowen, Research Division Julien Dumoulin-Smith - Jefferies LLC, Research Division Patrick Kenny - National Bank Financial, Inc., Research Division Presentation Operator Good morning. My name is Olivia, and I'll be your conference operator today.

CALGARY, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) today reported its financial results for the third quarter ended Sept. 30, 2025.

CALGARY, Alberta, Nov. 06, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) announced today that John Kousinioris, President and Chief Executive Officer and a Director of TransAlta, plans to retire effective April 30, 2026. Concurrent with this announcement, the Board of Directors (Board) has appointed Joel Hunter, TransAlta's Executive Vice President, Finance and Chief Financial Officer, to succeed Mr.

CALGARY, Alberta, Oct. 22, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC) declared a quarterly dividend of $0.065 per common share payable on Jan. 1, 2026, to shareholders of record at the close of business on Dec. 1, 2025.

NEW YORK--(BUSINESS WIRE)---- $TAC #AI--Cyberscope today announced its appointment as one of the exclusive smart contract audit partners for Binance's BNB Chain.

CALGARY, Alberta, Oct. 08, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) will release its third quarter 2025 results before markets open on Thursday, November 6, 2025. A conference call and webcast to discuss the results will be held for investors, analysts, members of the media and other interested parties the same day beginning at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

CALGARY, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- TransAlta Corporation (TransAlta or the Company) (TSX: TA) (NYSE: TAC) is pleased to announce that it will hold an Investor Day in Toronto on Tuesday, November 18, 2025.

TAC's surging earnings outlook, dividend hikes and bold renewable plans make it a solid utility stock pick.