TransAlta

Enmax Energy Corporation, wholly owned by the City of Calgary, Alberta, said Monday construction will begin this month on its 800-megawatt Shepard natural gas-fired generation plant. The plant, expected to cost more than CDN$1.3 billion, will provide enough power for about half of the city’s population of one million residents.

TransAlta Corporation (TSE: TA.TO) (NYSE: TAC), Canada’s largest wind power company, confirmed Monday it will build a CDN$205-million 66-megawatt (MW) wind power project on the Gaspe Peninsula of Quebec at New Richmond. Output is contracted under a 20-year power purchase agreement with Hydro-Quebec and is expected to begin in Q4 2012.

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