> TransAlta earnings jump 87% on boom

TransAlta Corp. saw net earnings jump 87 per cent, year-over-year, to $65.9 million during the third quarter on increased generation from its coal-fired Centralia power plant in Washington, the company reported Tuesday.

The Calgary-based firm, Canada’s largest independent power producer, said strong prices in Alberta also contributed to higher profits, despite a month-long unplanned outage at one of its Sundance generator units during peak summer demand.

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