{"id":405398,"date":"2020-12-23T18:07:52","date_gmt":"2020-12-23T23:07:52","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405398"},"modified":"2020-12-23T18:07:52","modified_gmt":"2020-12-23T23:07:52","slug":"transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\/","title":{"rendered":"TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>CALGARY,\u00a0AB, <span class=\"xn-chron\">Dec. 23, 2020<\/span> \/PRNewswire\/ &#8211;\u00a0TransAlta Corporation (TSX: TA) (NYSE: TAC) (&#8220;TransAlta&#8221; or the &#8220;Company&#8221;) is pleased to announce that its Board of Directors approved a 6 per cent increase on its common share (&#8220;Common Share&#8221;) dividend for the quarter ending <span class=\"xn-chron\">March 31<\/span>, 2021.\u00a0 The quarterly dividend of <span class=\"xn-money\">$0.045<\/span> per Common Share represents an annualized dividend of <span class=\"xn-money\">$0.18<\/span> per Common Share, an increase of <span class=\"xn-money\">$0.01<\/span> per Common Share.<\/p>\n<p>The Company also announced that it had entered into definitive agreements for the acquisition by TransAlta Renewables Inc. (&#8220;TransAlta Renewables&#8221;) (TSX: RNW) of:\u00a0 <\/p>\n<ul type=\"disc\">\n<li>a 100 per cent direct interest in the 207 MW Windrise wind project located in the Municipal District of <span class=\"xn-person\">Willow Creek<\/span>, <span class=\"xn-location\">Alberta<\/span>; <\/li>\n<li>a 49 per cent economic interest in the 137 MW Skookumchuck wind facility located across <span class=\"xn-location\">Thurston<\/span> and <span class=\"xn-location\">Lewis<\/span> Counties in <span class=\"xn-location\">Washington State<\/span>; and <\/li>\n<li>a 100 per cent economic interest in the 29 MW Ada cogeneration facility located in <span class=\"xn-location\">Ada, Michigan<\/span>.<\/li>\n<\/ul>\n<p>The portfolio has an average weighted contract life of approximately 19 years.<\/p>\n<p>&#8220;TransAlta&#8217;s overall business continues to perform firmly against our strategy.\u00a0 We are pleased to announce the transfer of our latest renewables and cogeneration investments to TransAlta Renewables to deliver our Clean Energy Investment Plan and our overall commitment to an E<sup>2<\/sup>SG framework.\u00a0 TransAlta shareholders are in a position to benefit by our ongoing growth of TransAlta Renewables and the ability to increase TransAlta&#8217;s common share dividend for a second year in a row&#8221;, commented <span class=\"xn-person\">Dawn Farrell<\/span>, President and Chief Executive Officer of TransAlta.<\/p>\n<p>&#8220;As we look towards 2021, this dividend increase for common shareholders demonstrates our confidence in our strategy along with our strengthened cash flows resulting from our ownership in TransAlta Renewables, our increasing cash flows from our post-PPA hydro fleet and the anticipated benefits from our conversion investments that are underway.\u00a0 This furthers our commitment of returning 10 to 15 per cent of deconsolidated funds from operations to common shareholders,&#8221; added <span class=\"xn-person\">Dawn Farrell<\/span>, President and Chief Executive Officer of TransAlta.<\/p>\n<p>The total acquisition value for the portfolio of assets is expected to be <span class=\"xn-money\">$439 million<\/span>, which includes the remaining construction costs for the Windrise wind project. TransAlta Renewables will fund the acquisition and remaining construction costs with the proceeds from the South Hedland financing completed earlier this year. Closing of the transaction is subject to satisfaction of closing conditions and is expected to be completed early in 2021.<\/p>\n<p>\n        <b>Dividend Declaration<br \/><\/b>The Board declared a quarterly dividend of <span class=\"xn-money\">$0.045<\/span> per Common Share payable on <span class=\"xn-chron\">April 1, 2021<\/span> to shareholders of record at the close of business on <span class=\"xn-chron\">March 1, 2021<\/span>, which represents a 6 per cent increase to the current dividend of <span class=\"xn-money\">$0.0425<\/span> per Common Share.<\/p>\n<p>The Board also declared the following quarterly dividend on its Cumulative Redeemable Rate Reset First Preferred Shares for the period starting from and including\u00a0December 31, 2020\u00a0up to but excluding\u00a0March 31, 2021:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"1\" class=\"prntblns\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Preferred Shares<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>TSX Stock<br \/>Symbol<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dividend Rate<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Dividend<br \/>Per Share<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Record Date<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Payment Date<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Series A<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TA.PR.D<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.709%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.16931<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 1, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 31, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0Series B*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TA.PR.E<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">2.139%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.13186<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 1, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 31, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Series C<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TA.PR.F<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.027%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.25169<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 1, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 31, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Series E<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TA.PR.H<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.194%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.32463<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 1, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 31, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbts prnsbr1 prnvam prnsbbs prntac prnpl8 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Series G<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">TA.PR.J<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">4.988%<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnsbr1 prnvam prnsbbs prntac prnpl8 prnsbl1 prnpr14\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$0.31175<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 1, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrs prnvam prnsbbs prntac prnpl8 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 31, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>*Please note the quarterly floating rate on the Series B Preferred Shares will be reset every quarter.<\/p>\n<p>\n        <b><br \/>\n          <i>About TransAlta:<br \/><\/i><br \/>\n        <\/b><br \/>\n        <i>TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">the United States<\/span> and <span class=\"xn-location\">Australia<\/span> with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy efficient and reliable power. Today, TransAlta is one of <span class=\"xn-location\">Canada&#8217;s<\/span> largest producers of wind power and <span class=\"xn-location\">Alberta&#8217;s<\/span> largest producer of hydro-electric power. For over 100 years, TransAlta has been a responsible operator and a proud community-member where its employees work and live. TransAlta aligns its corporate goals with the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021920-1&amp;h=1151796326&amp;u=http%3A%2F%2Fwww.undp.org%2Fcontent%2Fundp%2Fen%2Fhome%2Fsustainable-development-goals.html&amp;a=UN+Sustainable+Development+Goals\" rel=\"nofollow noopener noreferrer\">UN Sustainable Development Goals<\/a> and has been recognized by CDP (formerly Climate Disclosure Project) as an industry leader on Climate Change Management, having recently achieved an A- score from CDP. <\/i>\n      <\/p>\n<p>\n        <i>For more information about TransAlta, visit its website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021920-1&amp;h=549242436&amp;u=http%3A%2F%2Fwww.transalta.com%2F&amp;a=transalta.com\" rel=\"nofollow noopener noreferrer\">transalta.com<\/a><\/i><br \/>\n        <i>.<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Forward-Looking Statements:<\/i><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <i>This news release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words &#8220;continue&#8221;, &#8220;may&#8221;, &#8220;will&#8221;, &#8220;propose&#8221;, and similar expressions are intended to identify forward-looking information or statements. More particularly, and without limitation, this news release contains forward-looking statements and information relating to: the sale to TransAlta Renewables of the Windrise wind project and economic interests in the <span class=\"xn-location\">Skookumchuck<\/span> wind project and the <span class=\"xn-location\">Ada<\/span> cogeneration facility, including the total acquisition cost and remaining construction cost for Windrise; the closing of the transaction with TransAlta Renewables and timing thereof; TransAlta&#8217;s strengthened cash flows resulting from its ownership in TransAlta Renewables; the increasing cash flows from post-PPA hydro fleet; and the anticipated benefits from our coal-to-gas conversions.\u00a0 These forward-looking statements are based on a number of assumptions considered by the Company to be reasonable as of the date of this news release, and <\/i><br \/>\n        <i>are subject to a number of risks and uncertainties that may cause actual performance, events or results to differ materially from those contemplated by the forward-looking statements, which <\/i><br \/>\n        <i>include: construction risks at Windrise, including cost overruns or project delays, including those that may be caused by force majeure; the market price risk, particularly as it pertains to the <span class=\"xn-location\">Alberta<\/span> hydro assets; the regulatory environment and the impact of climate change legislation on TransAlta&#8217;s generating fleet; <\/i><br \/>\n        <i>and other risk factors contained in the <\/i><br \/>\n        <i>Company&#8217;s Annual Information Form and Management&#8217;s Discussion and Analysis for the year end dated <span class=\"xn-chron\">December 31, 2019<\/span>, filed under the Company&#8217;s profile with the Canadian securities regulators on <a href=\"http:\/\/www.sedar.com\" rel=\"nofollow\">www.sedar.com<\/a> and the U.S. Securities and Exchange Commission on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021920-1&amp;h=3170457653&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>. <\/i>\n      <\/p>\n<p>\n        <i>Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release. The Company undertakes no obligation to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from those in the forward-looking information, refer to the Company&#8217;s Annual Report and Management&#8217;s Discussion and Analysis filed under the Company&#8217;s profile on SEDAR at <a href=\"http:\/\/www.sedar.com\" rel=\"nofollow\">www.sedar.com<\/a> and with the U.S. Securities and Exchange Commission at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3021920-1&amp;h=3170457653&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>.<\/i>\n      <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CA33128&amp;sd=2020-12-23\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables-301198304.html\">http:\/\/www.prnewswire.com\/news-releases\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables-301198304.html<\/a><\/p>\n<p>SOURCE  TransAlta Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CA33128&amp;Transmission_Id=202012231804PR_NEWS_USPR_____CA33128&amp;DateId=20201223\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CALGARY,\u00a0AB, Dec. 23, 2020 \/PRNewswire\/ &#8211;\u00a0TransAlta Corporation (TSX: TA) (NYSE: TAC) (&#8220;TransAlta&#8221; or the &#8220;Company&#8221;) is pleased to announce that its Board of Directors approved a 6 per cent increase on its common share (&#8220;Common Share&#8221;) dividend for the quarter ending March 31, 2021.\u00a0 The quarterly dividend of $0.045 per Common Share represents an annualized dividend of $0.18 per Common Share, an increase of $0.01 per Common Share. The Company also announced that it had entered into definitive agreements for the acquisition by TransAlta Renewables Inc. (&#8220;TransAlta Renewables&#8221;) (TSX: RNW) of:\u00a0 a 100 per cent direct interest in the 207 MW Windrise wind project located in the Municipal District of Willow Creek, Alberta; a 49 per cent economic &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405398","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CALGARY,\u00a0AB, Dec. 23, 2020 \/PRNewswire\/ &#8211;\u00a0TransAlta Corporation (TSX: TA) (NYSE: TAC) (&#8220;TransAlta&#8221; or the &#8220;Company&#8221;) is pleased to announce that its Board of Directors approved a 6 per cent increase on its common share (&#8220;Common Share&#8221;) dividend for the quarter ending March 31, 2021.\u00a0 The quarterly dividend of $0.045 per Common Share represents an annualized dividend of $0.18 per Common Share, an increase of $0.01 per Common Share. The Company also announced that it had entered into definitive agreements for the acquisition by TransAlta Renewables Inc. (&#8220;TransAlta Renewables&#8221;) (TSX: RNW) of:\u00a0 a 100 per cent direct interest in the 207 MW Windrise wind project located in the Municipal District of Willow Creek, Alberta; a 49 per cent economic &hellip; Continue reading &quot;TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-23T23:07:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CA33128&amp;sd=2020-12-23\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables\",\"datePublished\":\"2020-12-23T23:07:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\\\/\"},\"wordCount\":1050,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CA33128&amp;sd=2020-12-23\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/transalta-announces-6-common-share-dividend-increase-and-sale-of-assets-to-transalta-renewables\\\/\",\"name\":\"TransAlta Announces 6% Common Share Dividend Increase and Sale of Assets to TransAlta Renewables - 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The Company also announced that it had entered into definitive agreements for the acquisition by TransAlta Renewables Inc. 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