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Transalta Corporation Announces Conversion Results For Series E And F Preferred Shares

PUBLIC · TACSep 21, 2022

Round Type

Series E

CalgaryOtherEnergyOil And GasRenewable Energy

Description

Further to TransAlta Corporation's ("TransAlta" or the "Company") (TSX: TA)( NYSE: TAC) press release dated August 31, 2022, the Company announced today that after taking into account all election notices received for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series E (the "Series E Shares") into Cumulative Redeemable Floating Rate Preferred Shares, Series F (the "Series F Shares"), there were only 89,945 Series E Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series F Shares. As a result, none of the Series E Shares will be converted into Series F Shares on September 30, 2022.

Quick answer

TransAlta raised an undisclosed amount in a Series E round, dated September 21, 2022. TransAlta is based in Calgary, Alberta, Canada.

How much did TransAlta raise?
TransAlta raised an undisclosed amount in a Series E round on September 21, 2022.
What does TransAlta do?
TransAlta Corp. is a Canadian power generator with a diverse portfolio of generation facilities across North America.
Where is TransAlta based and how big is it?
TransAlta is based in Calgary, Alberta, Canada. Fundz records about 1,200 employees.
Who are the decision-makers at TransAlta?
Fundz holds 1 contact at TransAlta, including the President and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as TransAlta that raised within 45 days of this round, from Fundz verified event records.

  • Sabanto raised an undisclosed amount on November 4, 2022.
  • United Energy Corporation raised an undisclosed amount (Funding Round) on October 26, 2022.
  • Gevo raised an undisclosed amount (Funding Round) on September 19, 2022.
  • Found Energy raised $1.9M on August 22, 2022.
  • Sabanto raised $17M (Series A) on August 18, 2022.
  • The Mobility House raised $50M (Series C) on November 4, 2022.

Who to call at TransAlta, and when

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Company Information

Company

TransAlta

Location

Nw Everett Street

Calgary, Alberta, Canada

About

TransAlta Corp. is a Canadian power generator with a diverse portfolio of generation facilities across North America. The company is focused on clean electricity and has a strategic vision to grow its footprint in the U.S. energy market. It emphasizes operational excellence and sustainability in its corporate mission.

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Related People

1 contact
Verified contactsJohn K., President and CEO hiddenSee plans and pricing
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