"2022 was a remarkable year for TransAlta, with results that exceeded the top end of our adjusted EBITDA and Free Cash Flow guidance. We achieved exceptional financial performance from all our generation segments, as well as our Energy Marketing segment. On the growth front, we secured over 200 MW of renewables growth projects bringing the total under our Clean Electricity Growth Plan to 800 MW or 40 per cent of our 2 GW target. During the year, we also added 1,980 MW of development opportunities to our pipeline and currently have 374 MW of projects in an advanced stage of development," said CEO John Kousinioris. "Our evolution is on track, and the cash flows from our legacy fleet are positioning us well to transition our business towards contracted renewables".
Published first on TheFly
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