Dawn Farrell, the President and CEO of TransAlta Corporation (TAC), Interviews with The Wall Street Transcript

Wall Street Transcript

67 WALL STREET, New York - August 18, 2014 - The Wall Street Transcript has just published its Alternative Energy & Utilities Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Asia Pacific Demand for Solar Energy - Government Subsidies and Regulation - Solar Growth Drivers and Headwinds - Regulatory Headwinds for U.S. Utilities - Alternative Energy Generation - Utility Infrastructure Capital Expenditures - New Market Opportunities in Energy - Electric Vehicles

Companies include: TransAlta Corp. (TAC) and many more.

In the following excerpt from the Alternative Energy & Utilities Report, the President and CEO of TransAlta Corporation (TAC) discusses company strategy and the outlook for this vital industry:

TWST: Would you begin with a brief introduction to TransAlta, including some highlights from the company's history and a short overview of your current operations?

Mrs. Farrell: TransAlta is a 103-year-old company that started in Alberta, Canada. Back then in 1909, the industry was in its infancy and was based on hydroelectric power; our hydro facilities in the Bow River Basin were the first ones we owned and operated. In the 1950s, the new power generation technologies were coal-based, and that's what we invested in, building our large coal plants up in Central Alberta around Wabamun Lake. And then in the 1990s, the focus switched to gas, and we built that too as well as co-gen power plants on the sites of our industrial customers.

In the 2000s we saw a rise in renewables - particularly wind-powered generation - and we developed wind farms in Canada and the U.S. Today, we still operate many of our very first facilities, and we're essentially a collection of all those investments: a mix of coal, gas, hydro and wind. Currently, we have approximately 9,000 megawatts of net generating capacity serving customers in Alberta, across other jurisdictions in Canada, in the Pacific Northwest in the U.S., and we are building a pretty interesting business serving miners in the Western Australian market.

TWST: Can you tell us more about your project in Australia? When will it be completed, and what is it going to mean for TransAlta?

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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