Sept 16 (Reuters) - TransAlta Corp TA.TO :
* TRANSALTA ANNOUNCES TRANSFORMATIVE $2 BILLION CLEAN ENERGY INVESTMENT PLAN AND DIVIDEND POLICY
* TRANSALTA CORP - TRANSALTA'S PLAN INCLUDES CONVERTING THREE OF ITS EXISTING ALBERTA THERMAL UNITS TO GAS IN 2020 AND 2021
* TRANSALTA CORP - WILL ALSO CONVERT TWO OF ITS UNITS TO COMBINED CYCLE NATURAL GAS UNITS IN LATE 2023 TO LATE 2024 PERIOD
* TRANSALTA - INVESTMENT PLAN TO BE FUNDED FROM CASH RAISED THROUGH STRATEGIC INVESTMENT WITH AFFILIATE OF BROOKFIELD RENEWABLE PARTNERS, OTHERS
* TRANSALTA CORP - COMPANY REMAINS COMMITTED TO RETURNING UP TO $250 MILLION TO SHAREHOLDERS OVER NEXT THREE YEARS THROUGH SHARE REPURCHASES
* TRANSALTA CORP - REMAINS COMMITTED TO REDUCING ITS CORPORATE LEVEL DEBT BY $400 MILLION IN 2020