---
title: "TAC TransAlta"
canonical: "https://supercyclehq.com/stock/transalta"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "TAC"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# TransAlta (TAC)

TransAlta is one of Canada's largest independent power producers.

## AI Exposure Score

**30/100, Growing.** TransAlta has a concrete, named data center power arrangement at its Keephills site with CPP Investments and Brookfield, starting at roughly 230 megawatts with room to scale toward a gigawatt. It remains an early stage opportunity layered on a diversified merchant power fleet.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $12.77 |
| Change 1d | -1.62% |
| Change 7d | +4.07% |
| Change 30d | +3.40% |
| Change 1y | -26.69% |
| 52-week high | $17.42 |
| 52-week low | $11.50 |
| Market cap | $4.0B |
| P/E | n/a |
| EPS | $-0.22 |
| Next earnings | 2026-11-03 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NYSE |
| Sector | Utilities |
| Headquarters | Calgary, AB |
| CEO | Joel E. Hunter |
| Employees | 1,350 |
| Website | https://www.transalta.com |
| Buildout layers | [Power & Energy](https://supercyclehq.com/category/power-energy) |

## What the company does

TransAlta is one of Canada's largest independent power producers. It generates and sells electricity from a diversified fleet of hydro, wind, solar, gas and energy storage assets, concentrated in Alberta's merchant power market, with additional operations elsewhere in Canada, the United States and Australia.

Its AI angle centers on Keephills, a generating site west of Edmonton. TransAlta announced a memorandum of understanding with CPP Investments and Brookfield to act as exclusive site and power provider for a data center development there, starting at roughly 230 megawatts with the potential to scale toward a gigawatt. Alberta's deregulated market and available capacity make it a candidate region for large AI computing loads.

Founded in 1909 and headquartered in Calgary, Alberta, TransAlta employs about 1,350 people and trades on the NYSE and TSX.

## Role in the AI buildout

TransAlta sits in the Power & Energy layer of the AI buildout. Alberta's deregulated market, cool climate and available generation capacity have put it on the map for data center development, and TransAlta controls sites and power that can serve that demand directly. The Keephills arrangement with CPP Investments and Brookfield gives it a named, scalable data center opportunity at an existing facility. The deal remains early stage, and the rest of its merchant hydro, wind, solar and gas fleet serves the broader market.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $196,724 | 0.00% | trimmed | 2026-06-30 |

## FAQ

### What does TransAlta do?

TransAlta is a Calgary based independent power producer. It generates and sells electricity from hydro, wind, solar, natural gas and storage assets, mostly in Alberta's merchant market, with additional operations in other parts of Canada, the United States and Australia.

### How is TransAlta exposed to AI?

It has agreed with CPP Investments and Brookfield to be the exclusive site and power provider for a data center development at its Keephills site, scalable toward a gigawatt. Supercycle rates it Growing with an AI Exposure Score of 30 out of 100.

### What is the Keephills data center deal?

TransAlta signed a memorandum of understanding with CPP Investments and Brookfield covering a data center development at its Keephills generating site near Edmonton, starting at roughly 230 megawatts with room to scale. It is still an early stage arrangement rather than a completed project.

### Who leads TransAlta?

Joel E. Hunter serves as CEO. The company is headquartered in Calgary, Alberta, employs about 1,350 people, and was founded in 1909. Its shares trade on both the Toronto Stock Exchange and the New York Stock Exchange.

### Is TAC a pure play AI stock?

No. TransAlta is a diversified merchant power producer, and most of its fleet serves Alberta's broader electricity market. The Keephills data center arrangement is promising but early, so Supercycle classifies it as Growing.

---

Source: https://supercyclehq.com/stock/transalta. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.