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The Keephills 3 power plant is a 495-gross-megawatt (MW) (450 MW net) coal-fired generating facility located about 70 kilometres west of Edmonton, Alberta and five kilometres south of Lake Wabamun, adjacent to TransAltaÍs existing Keephills power plant. (Transalta)
The Keephills 3 power plant is a 495-gross-megawatt (MW) (450 MW net) coal-fired generating facility located about 70 kilometres west of Edmonton, Alberta and five kilometres south of Lake Wabamun, adjacent to TransAltaÍs existing Keephills power plant. (Transalta)

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TransAlta Corp. (TA-T; TAC-N) says an independent arbitration panel has provided it force majeure relief for the Keephills 1 outage that started on March 5, 2013.

"The decision by the panel validates our internal policies and operating practices concerning the safety of our equipment," stated Wayne Collins, executive vice -president of the company's coal and mining operations. "The course of action that we took in 2013 to protect the safety of our equipment has been upheld by their decision."

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