Moody's Ratings announces completion of a periodic review of ratings of TransAlta Corporation
Moody's Ratings (Moody's) has completed a periodic review of the ratings of TransAlta Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 24 June 2024 in which we reassessed the appropriateness of the ratings in the context...TransAlta and its subsidiaries are engaged in the production and sale of electric energy. Co. has 3 segments: the Generation segment which owns and operates hydro, wind, geothermal, biomass, natural gas and coal-fired facilities, and mining operations; the Energy Trading segment which is engaged in the wholesale trading of electricity ; and the Corporate segment which provides finance, tax, treasury, legal, regulatory, environmental, health and safety, sustainable development, corporate communications, government and investor relations, information technology, risk management, human resources, internal audit, and other administrative support to the Generation and Energy Trading groups.
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