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TransAlta Corporation (TAC) Q1 2025 Earnings Call Transcript

Source: SeekingAlpha

2025-05-07 17:22:51 ET

TransAlta Corporation (TAC)

Q1 2025 Earnings Conference Call

May 7, 2025, 11:00 AM ET

Company Participants

Stephanie Paris - Vice President of Investor Relations and Corporate Strategy

John Kousinioris - President and Chief Executive Officer

Joel Hunter - Executive Vice President, Finance and Chief Financial Officer

Blain van Melle - Executive Vice President, Commercial and Customer Relations

Conference Call Participants

Robert Hope - Scotiabank

Maurice Choy - RBC Capital Markets

Benjamin Pham - BMO

Patrick Kenny - NBF

John Mould - TD Cowen

Mark Jarvi - CIBC

Presentation

Operator

Good morning, and welcome. My name is Carmen, and I'll be your operator for today. At this time, I would like to welcome everyone to TransAlta Corporation First Quarter 2025 Results Conference Call. [Operator Instructions]

Ms. Paris, you may begin your conference.

Stephanie Paris

Thank you, Carmen. Good morning, everyone. My name is Stephanie Paris, and I am the Vice President of Investor Relations and Corporate Strategy of TransAlta. Welcome to TransAlta's first quarter 2025 conference call. With me today are John Kousinioris, President and Chief Executive Officer; Joel Hunter, EVP, Finance and Chief Financial Officer; and Blain van Melle, EVP, Commercial and Customer Relations.

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

On today's call, John and Joel will provide an overview of TransAlta's quarterly results. After these remarks, we will open the call for questions.

With that, I will turn the call over to John.

John Kousinioris

Thank you, Stephanie. Good morning, everyone, and thank you for joining our first quarter conference call for 2025.

As part of our commitment towards reconciliation, I want to begin by acknowledging that our company operates on the traditional territories of indigenous peoples across Canada, Australia, and the United States....

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TransAlta Corporation (TAC) Q1 2025 Earnings Call Transcript
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