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TransAlta and TransAlta Renewables Provide Update on the Status of Commercial Operations at South Hedland Power Station
TransAlta and TransAlta Renewables Provide Update on the Status of Commercial Operations a...
About this update from Transalta Corporation
[{"type":"text","content":"\n\n\n\nTransAlta and TransAlta Renewables Provide Update on the Status of Commercial Operations at South Hedland Power Station\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Aug. 1, 2017\n\n\n\n\n\n\n\nCALGARY, Aug. 1, 2017 /CNW/ - TransAlta Corporation (\"TransAlta\" or the \"Company\") (TSX: TA, NYSE: TAC) and TransAlta Renewables Inc. (\"TransAlta Renewables\") (TSX: RNW) today responded to Fortescue Metals Group Limited's (\"FMG\") view that the South Hedland Power Station has not yet achieved commercial operation.\n\nAll the conditions to establishing that commercial operations have been achieved under the terms of the power purchase agreement with FMG (the \"PPA\") have been satisfied in full.  These conditions include receiving a commercial operation certificate, successfully completing and passing certain test requirements, and obtaining all permits and approvals required from the North West Interconnected System (\"NWIS\") and government agencies.  The South Hedland Power Station is fully operational and able to meet all of FMG's requirements under the terms of the PPA.\n\nThe South Hedland Power Station, which is located in the Pilbara Region of Western Australia, is a 150 MW combined-cycle natural gas power station that is one of the most efficient power plants in Western Australia, providing low cost electricity to its customers and generating low greenhouse gas emissions.\n\nAbout TransAlta Corporation:TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia. TransAlta's focus is to efficiently operate wind, hydro, solar, natural gas and coal facilities in order to provide customers with a reliable, low-cost source of power. For over 100 years, TransAlta has been a responsible operator and a proud contributor to the communities in which it works and lives. TransAlta has been recognized on CDP's Canadian Climate Disclosu...