Washington State Regulator Approves TransAlta Long-Term Contract for Centralia

TransAlta Corporation (TSX:TA, NYSE:TAC) announced that the Washington Utilities and Transportation Commission has approved a long-term contract for the Centralia Generation LLC Plant.

As quoted in the press release:

PSE has ten days from the date of the order to petition for reconsideration or relief of the terms under the order. The proposed agreement would permit PSE to purchase an average 346 megawatts of coal transition power from TransAlta’s Centralia power plant.

To view the whole press release, click here.