TransAlta Responds to 13D Filing
Summary
CALGARY, March 15, 2019 /PRNewswire/ - TransAlta Corporation ("TransAlta" or "the Company") (TSX:TA) (NYSE:TAC) acknowledged the joint 13D filing made today by Mangrove Partners, a New York-based investment manager, and Bluescape Energy Partners/Cove Key Bluescape, a U.S.-based private investment firm. "We have spoken to Mangrove and Bluescape and will continue to engage in discussions with them as we carefully consider their views. 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. We provide municipalities, medium and large industries, businesses and utility customers clean, affordable, energy efficient, and reliable power. For over 100 years, TransAlta has been a responsible operator and a proud community-member where its employees work and live.
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