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BRIEF-Transalta Reports Qtrly FFO Per Share $0.59

Published 2021-03-03, 08:04 a/m
Updated 2021-03-03, 08:06 a/m
© Reuters.

March 3 (Reuters) - TransAlta Corp TA.TO :

* TRANSALTA REPORTS FOURTH QUARTER AND FULL YEAR 2020 RESULTS, PROVIDES 2021 OUTLOOK AND ANNOUNCES CARBON NEUTRALITY BY 2050

* TRANSALTA CORP - SEES 2021 COMPARABLE EBITDA RANGE OF $960 MILLION TO $1,080 MILLION

* TRANSALTA CORP - SEES 2021 FCF RANGE OF $340 MILLION TO $440 MILLION

* TRANSALTA CORP - QTRLY PRODUCTION 7.7 MILLION GWH VERSUS 8.2 GWH

* TRANSALTA CORP - SEES 2021 SUSTAINING CAPITAL RANGE OF $175 MILLION TO $210 MILLION

* TRANSALTA CORP - QTRLY REVENUES $544 MILLION VERSUS $609 MILLION

* TRANSALTA CORP - WILL DISCONTINUE COAL POWER GENERATION IN CANADA BY END OF 2021, WILL HAVE NO FURTHER COAL GENERATION BY END OF 2025

* TRANSALTA CORP - QTRLY FFO PER SHARE $0.59

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