TransAlta Corporation (NYSE:TAC): Closing price $14.49
On Tuesday, the corporation said that it has declared force majeure because of a winding failure discovered in the generator of its 395 megawatt Keephills 1 power plant located near Wabamun, Alberta. TransAlta is working with the original equipment manufacturer of the generator to safely return the machine to service, which is currently expected to be on or about April 21.
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