Media Advisory: TransAlta and TransAlta Renewables Fourth Quarter 2021 Results and Conference Call

Rhea-AI Summary

TransAlta Corporation (TAC) is set to announce its fourth quarter 2021 results on February 24, 2022, before market open. A conference call will follow at 9:00 a.m. MT, allowing stakeholders to discuss the results. TransAlta Renewables will also report its results on the same day. Investors and analysts can participate in the call and access materials through the Investor Centre on TransAlta's website. The company, a major energy provider in Canada, focuses on delivering sustainable and efficient power while aligning its goals with the UN Sustainable Development Goals.

Positive

• TransAlta is one of Canada's largest producers of wind power.
• The company has over 100 years of operational experience in the energy sector.

Negative

• None.

CALGARY, AB, Jan. 24, 2022 /PRNewswire/ - TransAlta Corporation ("TransAlta") (TSX: TA) (NYSE: TAC) will release its fourth quarter 2021 results before markets open on Thursday, February 24, 2022. 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. ET). The media will be invited to ask questions following analysts.

TransAlta Renewables Inc. ("TransAlta Renewables") (TSX: RNW) will release its fourth quarter 2021 results before markets on Thursday, February 24, 2022. Any questions regarding TransAlta Renewables may be asked on the TransAlta conference call.

Please contact the conference operator five minutes prior to the call, noting "TransAlta Corporation" as the company.

Fourth Quarter 2021 Conference Call:
Toll-free North American participants call: 1-888-664-6392
Webcast link: https://produceredition.webcasts.com/starthere.jsp?ei=1525768&tp_key=5fe076820e

Related materials will be available on the Investor Centre section of TransAlta's website at http://www.transalta.com/investors/events-and-presentations. If you are unable to participate in the call, the instant replay is accessible at 1-888-390-0541 (Canada and USA toll free) with TransAlta pass code 983771 followed by the # sign. A transcript of the broadcast will be posted on TransAlta's website once it becomes available.

About TransAlta Corporation:

TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers clean, affordable, energy efficient, and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of hydroelectric power. For over 100 years, TransAlta has been a responsible operator and a proud community-member where its employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals.

For more information about TransAlta, visit our web site at transalta.com.

About TransAlta Renewables Inc.:

TransAlta Renewables is among the largest of any publicly traded renewable independent power producers ("IPP") in Canada. Our asset platform and economic interests are diversified in terms of geography, generation and counterparties and consist of interests in 27 wind facilities, 13 hydroelectric facilities, eight natural gas generation facilities, two solar facilities, one natural gas pipeline, and one battery storage project, representing an ownership interest of 2,966 megawatts of owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, North Carolina, Washington and the State of Western Australia. Our objectives are to (i) provide stable, consistent returns for investors through the ownership of, and investment in, highly contracted renewable and natural gas power generation and other infrastructure assets that provide stable cash flow primarily through long-term contracts with strong counterparties; (ii) pursue and capitalize on strategic growth opportunities in the renewable and natural gas power generation and other infrastructure sectors; (iii) maintain diversity in terms of geography, generation and counterparties; and (iv) pay out 80 to 85 per cent of cash available for distribution to the shareholders of the Company on an annual basis.

For more information about TransAlta Renewables, visit its web site at transaltarenewables.com.

View original content:https://www.prnewswire.com/news-releases/media-advisory-transalta-and-transalta-renewables-fourth-quarter-2021-results-and-conference-call-301466633.html

SOURCE TransAlta Corporation

FAQ

When will TransAlta Corporation release its fourth quarter 2021 results?

TransAlta Corporation will release its fourth quarter 2021 results on February 24, 2022.

What time is the TransAlta conference call for fourth quarter results?

The conference call will be held at 9:00 a.m. Mountain Time on February 24, 2022.

How can I access the TransAlta fourth quarter results conference call?

You can access the call by dialing 1-888-664-6392 or joining via the provided webcast link.

Who else will release results on February 24, 2022?

TransAlta Renewables will also release its fourth quarter 2021 results on the same day.

Where can I find the fourth quarter results and related materials for TransAlta?

Related materials will be available in the Investor Centre section of TransAlta's website.