TransAlta Corporation Q2 2025 Financial and Operational Performance

SEC Filing 6-K (0001144800-25-000025)

TransAlta Corporation reported its financial and operational performance for the second quarter of 2025. The company, one of Canada's largest power generators, operates a diverse portfolio including hydro, wind, solar, battery storage, natural gas, and coal assets. Key highlights include a 91.6% availability rate for its facilities, a 1% increase in production to 4,813 GWh, and a decrease in revenues by 26% to $433 million compared to the same period in 2024. Adjusted EBITDA for the quarter was $349 million, up 10% from the previous year. The company also reported a net loss of $112 million, primarily due to higher unrealized mark-to-market losses and increased asset impairment charges. TransAlta continues to focus on optimizing its Alberta portfolio, executing its growth plan, and maintaining financial strength. The company also completed the acquisition of Heartland Generation, adding 1,747 MW to its installed capacity.