Commented on TransAlta Corporation
Our group at the Mount Royal University Student Investment Fund picked TransAlta for the Stock Pickers University Challenge Fall 2026. This Calgary-based power producer generated C$143 million in free cash flow in Q2 2026, and it could get an initial 230-megawatt data centre allocation at Keephills, a site with land, natural gas supply and transmission infrastructure already in place. The main risk is weak Alberta power prices, which averaged C$29/MWh in Q2, down from C$40 a year earlier.
TransAlta CorporationTA.TO · TSX · Independent Power Producers18.25 CAD+1.39%
52-week rangeAt 28% of range
15.62 CAD25.03 CAD
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