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TransAlta CEO Dawn Farrell speaks during the company's annual general meeting in Calgary April 29, 2014.
TransAlta CEO Dawn Farrell speaks during the company's annual general meeting in Calgary April 29, 2014.
(Larry MacDougal/THE CANADIAN PRESS)

TransAlta shareholders weigh CEO’s promise of future growth

TransAlta Corp. has had its share of struggles over the past two years and now chief executive Dawn Farrell is on the defensive.

The company, with its long history of generating power in Alberta and in the U.S., suffers from an identity crisis: Ms. Farrell talks about its long-term growth potential and geographic expansion while investors grouse about having their dividend chopped and the share price languishing.