Added to YB: 2026-05-18
Pitch date: 2026-03-05
TAC [bullish]
TransAlta Corporation
-1.17%
current return
Author Info
No bio for this author
Company Info
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments.
Market Cap
CAD 5.2B
Pitch Price
CAD 17.91
Price Target
60.25 (+240%)
Dividend
1.60%
EV/EBITDA
13.28
P/E
-23.23
EV/Sales
4.70
Sector
Independent Power and Renewable Electricity Producers
Category
value
TransAlta Corporation - $TAC
TAC: Alberta's largest generator at 5.5x fwd FCF vs peers ~11x. Heartland deal consolidates gas peaker fleet for better scarcity-hour capture as renewables increase grid volatility. Market underpricing AI datacenter demand: gigawatt-scale sites require fast interconnect/land/permitting—Alberta short-list region. Controls grid-connected development sites + renewables for hyperscaler clean energy deals (recent Brookfield deal). Risk: supply clears slower if AI load delayed. Upside catalysts: more datacenter announcements. PT C$60.25.
Read full article (2 min)