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 April 2014
TRANSALTA CORPORATION
(Translation of registrant’s 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 as Exhibit 99.1 to this Form 6-K is a copy of the Registrant’s news release dated April 15, 2014 announcing “TransAlta Named Preferred Bidder in Western Australia Development”.
This news release 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 | Press release dated April 15, 2014 announcing “TransAlta Named Preferred Bidder in Western Australia Development”. |
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 | |
Date: April 15, 2014 |
By: /s/Donald Tremblay Donald Tremblay Chief Financial Officer
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EXHIBIT INDEX
99.1 | Press release dated April 15, 2014 announcing “TransAlta Named Preferred Bidder in Western Australia Development”. |
TransAlta Named Preferred Bidder in Western Australia Development
CALGARY, Alberta (April 15, 2014) – TransAlta Corporation (TSX: TA; NYSE: TAC) announced today that it has been named the preferred bidder for the South Hedland Power Project. Subject to the finalization of necessary contracts and approvals that will take place during the next several weeks, the project would see TransAlta build, own and operate a 150MW power station in South Hedland, Western Australia.
The investment is estimated at approximately AUD $550M. The combined cycle gas power station is expected to be delivering power in 2016 with full commissioning of the station in 2017. The development will be fully contracted under 25 year agreements with Horizon Power and Fortescue Metals Group and may be expanded to accommodate additional customers at later dates. The station will supply Horizon Power’s customers in the Pilbara region as well as Fortescue’s port operations. The project will be built and funded over the next 30 months.
“Our bid on this development project illustrates the importance and focus that TransAlta places on customers and business in Western Australia. We want to be the company of choice in providing reliable and low cost power to customers in the remote mining regions of the State and are pleased to be adding another asset at an important location like Port Hedland,” said Dawn Farrell, President and Chief Executive Officer of TransAlta.
Western Australia is an important market for TransAlta, where it has been operating for more than 15 years. With six facilities totaling 425 MW of generating capacity and a natural gas pipeline under development, TransAlta has proven experience for providing reliable power to remote operations in the region.
About TransAlta:
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, 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 selected by Sustainalytics as one of Canada’s Top 50 Socially Responsible Companies since 2009 and is recognized globally for its leadership on sustainability and corporate responsibility standards by FTSE4Good.
Forward-Looking Statements:
This news release contains forward looking statements relating to the development of the South Hedland Power Project by TransAlta, including the size of the power station, the funding cost and timing for the construction and completion of the power station, the contracting of output from the power station and the potential future expansion of the power station. These statements are based on TransAlta’s belief and assumptions based on information available at the time the assumptions were made. These statements are subject to a number of risks and uncertainties that may cause actual plans, actions and results to differ materially from those contemplated by the forward-looking statements including, but not limited to, delays in the construction of the power plant, difficulties in finalizing necessary contracts and securing necessary approvals, regulatory developments and changes in general economic conditions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect TransAlta’s expectations only as of the date of this news release. TransAlta disclaims any intention or obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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For more information:
Investor inquiries: | Media inquiries: |
Brent Ward | Stacey Hatcher |
Director, Corporate Finance and Investor Relations | Manager, External Communications |
Phone: 1-800-387-3598 in Canada and U.S. | Cell: 587-216-2242 |
Email: investor_relations@transalta.com | Toll-free media number: 1-855-255-9184 |
Alternate local number: 403-267-2540 |