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TransAlta Expands Ontario Portfolio with $95 Million Gas Asset Acquisition

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TransAlta Expands Ontario Portfolio with $95 Million Gas Asset Acquisition

Meet Your ETF AI Analyst

TransAlta ( (TSE:TA) ) has issued an announcement.

TransAlta Corporation announced on November 17, 2025, its acquisition of a 310 MW contracted gas portfolio in Ontario for $95 million. This acquisition, which is expected to close by early 2026, will enhance TransAlta’s presence in Ontario, adding to its diversified portfolio and increasing its competitive position. The acquisition is anticipated to be immediately accretive to cash flow and cash yield, with a significant portion of the portfolio’s gross margin contracted until 2031. The transaction aligns with TransAlta’s strategic goals of expanding its energy assets and is expected to generate approximately $30 million of average Adjusted EBITDA annually.

The most recent analyst rating on (TSE:TA) stock is a Hold with a C$18.00 price target. To see the full list of analyst forecasts on TransAlta stock, see the TSE:TA Stock Forecast page.

Spark’s Take on TSE:TA Stock

According to Spark, TipRanks’ AI Analyst, TSE:TA is a Neutral.

TransAlta’s overall stock score reflects a mix of challenges and opportunities. The company’s financial performance is hindered by declining revenues and high leverage, but it shows resilience in cash flow generation. Technical indicators suggest mixed momentum, while valuation metrics highlight profitability challenges. The earnings call provided a positive outlook, with progress in key projects and financial flexibility, but also noted some market challenges.

To see Spark’s full report on TSE:TA stock, click here.

More about TransAlta

TransAlta Corporation is a leading power generation company operating in Canada, the United States, and Australia. It specializes in producing wind, thermal, and hydro-electric power, serving municipalities, industries, businesses, and utility customers with reliable and efficient energy solutions. TransAlta is committed to sustainable practices, aligning with the UN Sustainable Development Goals and achieving significant reductions in greenhouse gas emissions.

YTD Price Performance: 1.93%

Average Trading Volume: 1,590,585

Technical Sentiment Signal: Buy

Current Market Cap: C$6.07B

Find detailed analytics on TA stock on TipRanks’ Stock Analysis page.

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