TransAlta Power
formerly Toronto symbol TPW.UN, owns a 49.99% interest in TransAlta Cogeneration, L.P., which in turn holds interests in five gas-fired plants in Ontario, Saskatchewan and Alberta. The company was acquired in 2007.
TRANSALTA CORP. $21 (Toronto symbol TA; Conservative Growth Portfolio, Utilities sector; Shares outstanding: 220.3 million; Market cap: $4.6 billion; Price-to-sales ratio: 1.6; Dividend yield: 5.5%; TSINetwork Rating: Average; www.transalta.com) operates over 85 unregulated power plants in Canada, the U.S. and Australia. Coal-fired plants generate 53% of TransAlta’s power. Natural gas accounts for 25%, and the remaining 22% comes from hydroelectric …read more »
TRANSALTA POWER, L.P. $8.38 (Toronto symbol TPW.UN; SI Rating: Extra risk) is now the subject of a friendly $8.38 per unit takeover offer from Hong Kong-based Cheung Kong Infrastructure Holdings Limited.
TransAlta Corp. has no direct interest in TransAlta Power. However, TransAlta Power owns 49.99% of five gas-fired power plants in Ontario, Saskatchewan and Alberta. TransAlta owns the remaining 50.01%, and …read more »
We’ve had a lot of takeovers among our trust recommendations lately, including Primewest Energy, Legacy REIT, Shiningbank Energy and Summit REIT. Here’s another:
TRANSALTA POWER, L.P. $8.38 (Toronto symbol TPW.UN; SI Rating: Extra risk) is now the subject of a friendly $8.38 per unit takeover offer from Hong Kong-based Cheung Kong Infrastructure Holdings Limited.
TransAlta Corp. has no direct interest in TransAlta …read more »
ARBOR MEMORIAL SERVICES INC. $28 (Toronto symbol ABO.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 10.6 million; Market cap: $296.8 million; SI Rating: Average) earned $0.66 a share in its second fiscal quarter ended April 30, 2006, up 8.2% from $0.61 a year earlier. Revenue grew 7.4%, to $59.8 million from $55.7 million, due to higher sales at its funeral …read more »
TRANSALTA POWER, L.P. $7.92 (Toronto symbol TPW.UN; SI Rating: Extra risk) owns a 49.99% interest in TransAlta Cogeneration, L.P., which in turn holds interests in five gas-fired plants in Ontario, Saskatchewan and Alberta. TransAlta Corp. (see this page) owns the remaining 50.01% interest in TransAlta Cogeneration.
TransAlta Power is now conducting a “strategic review”, possibly leading to a sale of the …read more »
TRANSALTA POWER, L.P. $8.08 (Toronto symbol TPW.UN; SI Rating: Extra risk) owns a 49.99% interest in TransAlta Cogeneration, L.P., which in turn holds interests in five gas-fired cogeneration plants in Ontario, Saskatchewan and Alberta, and in the Sheerness coal-fired plant in Alberta. TransAlta Power has secured long-term contracts for all of its power.
Cogeneration is the simultaneous production of power and …read more »
TRANSALTA POWER, L.P. $8.70 (Toronto symbol TPW.UN; SI Rating: Extra risk) owns a 49.99% interest in TransAlta Cogeneration, L.P., which in turn holds interests in five gas-fired cogeneration plants in Ontario, Saskatchewan and Alberta, and in the Sheerness coal-fired plant in Alberta. TransAlta Power has secured long-term contracts for all of its power.
Cogeneration is the simultaneous production of power and …read more »
