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TransAlta Corporation owns and operates power generation facilities in Canada, the United States, and Australia. The company produces renewable electricity by generating hydroelectricity, wind power, and thermal power from coal. It also develops and constructs new power-generating facilities for sale to third parties. TransAlta Corporation sells its output primarily under long-term contracts with fixed prices and terms that include fuel cost escalation clauses as well as specific performance incentives. The company was founded in 1909 and is headquartered in Calgary, Canada.
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