TransAlta Announces Alberta Power Auction

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Calgary, Alberta-based TransAlta Corp. will host its third fixed-price power auction on June 15 for Alberta wholesale power buyers seeking competitive prices for their long-term electricity needs.

TransAlta held its first two Alberta power auctions in 2009, attracting Canadian industrials, wholesale banks and trading companies. At the upcoming auction, TransAlta will be selling a four-year strip of Alberta power (2011-2014).

The auction will be facilitated by World Energy Solutions Inc., an operator of online exchanges for energy and green commodities.

SOURCE: TransAlta Corp.

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