TransAlta reports 'disappointing' results
Canadian power producer TransAlta Corp. reported ``disappointing'' third-quarter results Friday as lacklustre energy prices in some markets wore down the quarter's bottom line.
TransAlta Corp. has launched a $1.5-billion, hostile takeover bid for renewable energy developer, Canadian Hydro Developers, a move that would give TransAlta, now heavily coal-based, one of the largest wind and renewable portfolios in the country.