UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2013
TRANSALTA CORPORATION
(Translation of registrants name into English)
110-12th Avenue S.W., Box 1900, Station M, Calgary, Alberta, T2P 2M1
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F____ |
Form 40-F X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
I
The document listed below in this Section as 99.1 is being furnished, not filed, and will not be incorporated by reference into any registration statement filed by TransAlta Corporation under the Securities Act of 1933, as amended.
99.1 |
Material Change Report dated July 3, 2013 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
TransAlta Corporation | ||
|
| ||
|
By: |
/s/ Maryse St.-Laurent |
|
|
|
Maryse St.-Laurent | |
|
|
Vice-President and Corporate Secretary |
Date: July 3, 2013
EXHIBIT INDEX
99.1 |
Material Change Report dated July 3, 2013 |
Exhibit 99.1
Form 51-102F3
MATERIAL CHANGE REPORT
Item 1. |
Name and Address of Company |
|
TransAlta Corporation 110 12th Avenue SW Calgary, Alberta T2P 2M1 |
|
|
Item 2. |
Date of Material Change |
|
June 26, 2013 |
|
|
Item 3. |
News Release |
|
Press releases disseminated via Marketwire on June 26, 2013 |
|
|
Item 4. |
Summary of Material Change |
|
TransAlta Corporation announced on June 26, 2013 that it is creating TransAlta Renewables Inc. (TransAlta Renewables), providing investors with the opportunity to invest directly in a highly contracted portfolio of renewable power generation facilities. TransAlta will be the sponsor and manager of TransAlta Renewables and will provide TransAlta Renewables with its initial asset base. A preliminary prospectus qualifying the initial public offering of TransAlta Renewables common shares to the public (the Offering) was also filed on June 26, 2013. |
|
|
Item 5. |
Full Description of Material Change |
|
|
|
TransAlta Corporation announced on June 26, 2013 that it is creating TransAlta Renewables Inc. (TransAlta Renewables), providing investors with the opportunity to invest directly in a highly contracted portfolio of renewable power generation facilities. TransAlta will be the sponsor and manager of TransAlta Renewables and will provide TransAlta Renewables with its initial asset base. A preliminary prospectus qualifying the initial public offering of TransAlta Renewables common shares to the public (the Offering) was also filed on June 26, 2013.
TransAlta intends to transfer 1,112 net MW of highly contracted wind and hydro power generation assets to TransAlta Renewables upon completion of the Offering. TransAlta will be the primary source of growth of TransAlta Renewables portfolio of renewable power generation assets, by providing TransAlta Renewables with the opportunity to purchase, or participate in the development of, renewable power generation facilities with stable, long-term, contracted cash flows. TransAlta will continue to grow its renewables portfolio through greenfield development and acquisitions. TransAlta will provide TransAlta Renewables the opportunity to participate in those projects that meet the objectives of TransAlta Renewables. |
|
Upon completion of the Offering, TransAlta expects to hold an approximate 80-85% interest in TransAlta Renewables. TransAlta also expects to receive cash proceeds of approximately $200-$250 million, depending on the size of the Offering, which will be used to reduce debt and support TransAltas balance sheet. TransAlta will provide all management, administrative and operational services required for TransAlta Renewables to operate, administer its assets and acquire additional assets.
Completion of the Offering is subject to, and conditional upon, the receipt of all necessary approvals, including regulatory approvals. The Offering is expected to close in August 2013. |
|
|
|
|
|
|
Item 6. |
Reliance on Section 7.1(2) of National Instrument 51-102 |
|
Not applicable. |
|
|
Item 7. |
Omitted Information |
|
Not applicable. |
|
|
Item 8. |
Executive Officer |
|
The name and business number of the executive officer who is knowledgeable about the material change and this report is:
Maryse St.-Laurent Vice-President and Corporate Secretary Telephone: (403) 267-7110 |
|
|
Item 9. |
Date of Report |
|
|
|
July 3, 2013 |