TransAlta (TAC +0.5%) declares force majeure on its Keephills 1 power plant in Alberta due to a...

|About: TransAlta Corporation (TAC)|By:, SA News Editor

TransAlta (TAC +0.5%) declares force majeure on its Keephills 1 power plant in Alberta due to a winding failure in the generator. TAC says it is working with the equipment manufacturer to return the unit to service and doesn’t expect the outage to have a material financial impact.