TransAlta investor sells more than 2.6 million shares

By Lisa Kerner

Charlotte, N.C., Jan. 16 - TransAlta Corp. investors led by the Children's Investment Master Fund sold a net 2,625,491 shares through a series of buy and sell transactions between Sept. 9 and Jan. 14.

The shares were priced from $16.926 to $31.824 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Children's Investment Master Fund beneficially owns 11,491,909 shares, or 5.8%, of the Calgary, Alta., electric energy company.

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