TransAlta Corporation (TAC) Q2 2023 Earnings Call Transcript

TransAlta Corporation (NYSE:TAC) Q2 2023 Earnings Conference Call August 4, 2023 11:00 AM ET

Company Participants

Chiara Valentini – Investor Relations

John Kousinioris – President and Chief Executive Officer

Todd Stack – EVP, Finance and Chief Financial Officer

Conference Call Participants

Dariusz Lozny – Bank of America

Mark Jarvi – CIBC

Ben Pham – BMO Capital Markets

Rob Hope – Scotiabank

Andrew Kuske – Credit Suisse

Naji Baydoun – iA Capital Markets

Patrick Kenny – National Bank Financial

Chris Varcoe – Calgary Herald


Good morning. My name is Joelle, and I will be your conference operator today. At this time, I would like to welcome everyone to TransAlta Corporation’s Second Quarter 2023 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Ms. Valentini, you may begin your conference.

Chiara Valentini

Great. Thank you, Michelle. Good morning, everyone, and welcome to TransAlta’s second quarter 2023 conference call.

With me today are John Kousinioris, President and Chief Executive Officer; and Todd Stack, EVP, Finance and Chief Financial Officer.

Today’s call is being webcast, and I invite those listening on the phone lines to view the supporting slides that are posted on our website. A replay of the call will be available later today, and the transcript will be posted to our website shortly thereafter.

All the information provided during this conference call is subject to the forward-looking statement qualification set out here on Slide 2. It’s detailed further in our MD&A and incorporated in full for the purposes of today’s call. All amounts referenced during the call are in Canadian currency, unless otherwise noted. The non-IFRS terminology used, including adjusted EBITDA, funds from operations, and free cash flow are also reconciled in the MD&A for your reference.

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