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Stock Market & Financial Investment News

News Breaks
January 10, 2013
07:54 EDTTACTransAlta receives approval of power purchase agreement by Washington State
TransAlta announced that the Washington Utilities and Transportation Commission issued a decision approving, with conditions, a long-term power purchase agreement between Puget Sound Energy, or PSE, and TransAlta's subsidiary TransAlta Centralia Generation for the Centralia, Washington power plant. PSE has ten days from the date of the order to petition for reconsideration or relief of the terms under the order. The proposed agreement would permit PSE to purchase an average 346 megawatts of coal transition power from TransAlta's Centralia power plant.
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