March 25 (Reuters) - TransAlta Corp TA.TO :
* TRANSALTA ANNOUNCES STRATEGIC INVESTMENT BY BROOKFIELD RENEWABLE PARTNERS
* TRANSALTA CORP - BROOKFIELD MAKES $750 MILLION INVESTMENT TO ADVANCE TRANSALTA'S TRANSITION TO CLEAN ENERGY
* TRANSALTA CORP - INVESTMENT WILL ENSURE TRANSALTA WILL TRANSITION TO 100% CLEAN ENERGY BY 2025.
* TRANSALTA CORP - BROOKFIELD'S INVESTMENT WILL BE CONVERTIBLE INTO AN EQUITY OWNERSHIP INTEREST IN TRANSALTA'S ALBERTA HYDRO ASSETS IN FUTURE
* TRANSALTA CORP - BROOKFIELD HAS COMMITTED TO PURCHASE TRANSALTA COMMON SHARES ON OPEN MARKET TO INCREASE ITS SHARE OWNERSHIP IN TRANSALTA TO 9%
* TRANSALTA CORP - TRANSALTA WILL INCLUDE TWO BROOKFIELD NOMINEES, HARRY GOLDGUT AND RICHARD LEGAULT ON ITS SLATE OF DIRECTORS FOR ELECTION
* TRANSALTA CORP - ROBERT FLEXON, FORMER CEO OF DYNEGY, HAS AGREED TO STAND FOR ELECTION AT 2019 MEETING
* TRANSALTA CORP - TRANSALTA WILL DIRECT $350 MILLION TO ADVANCE COMPANY'S COAL TO GAS TRANSITION STRATEGY
* TRANSALTA CORP - RBC GLOBAL ASSET MANAGEMENT IS SUPPORTIVE OF STRATEGIC INVESTMENT
* TRANSALTA CORP - RBC GLOBAL ASSET MANAGEMENT HAS COMMITTED TO SUPPORTING TRANSALTA'S SLATE OF DIRECTOR NOMINEES AT UPCOMING 2019 MEETING.
* TRANSALTA CORP - BROOKFIELD INVESTMENT WILL OCCUR IN TWO TRANCHES
* TRANSALTA CORP - PAID A NON-REFUNDABLE STRUCTURING FEE OF $7.5 MILLION OF INVESTMENT TO BROOKFIELD ON SIGNING OF INVESTMENT AGREEMENT
* TRANSALTA CORP - ALSO AGREED TO PAY AN ADDITIONAL $15 MILLION COMMITMENT UPON CLOSING OF FIRST TRANCHE OF INVESTMENT
* TRANSALTA - WHILE BROOKFIELD OWNS EXCHANGEABLE SECURITIES, IT HAS RIGHT TO NOMINATE 2 MEMBERS FOR ELECTION AT EACH ANNUAL MEETING OF SHAREHOLDERS
* TRANSALTA CORP - BROOKFIELD HAS AGREED TO STANDSTILL COMMITMENTS FOR A THREE-YEAR PERIOD FROM DATE FIRST TRANCHE IS FUNDED
* TRANSALTA CORP - BROOKFIELD HAS AGREED TO LOCK-UP UNTIL DECEMBER 31, 2023.
* TRANSALTA CORP - TRANSALTA AND BROOKFIELD WILL FORM A JOINT OPERATING COMMITTEE, FOR A PERIOD OF SIX YEARS
* TRANSALTA CORP - JOINT OPERATING COMMITTEE WILL BE FOCUSED ON OPTIMIZING OPERATIONS AND MAXIMIZING VALUE OF HYDRO ASSETS