Deals Counterparts

TransAlta Renewables Inc.

company

TransAlta Renewables Inc. was a leading independent power producer that owned, operated, and developed a diversified portfolio of renewable and natural gas power generation assets. Its strategy focused on long-term contracted assets, primarily in Canada, the United States, and Australia, providing stable cash flows. The company was fully acquired by its parent, TransAlta Corporation, in October 2023.

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Founded 2013 Parent: TransAlta Corporation
Renewable Energy Developer & OperatorDeveloperOperatorInvestor

Strategic Overview

  • Focused on owning and operating a diversified portfolio of long-term contracted renewable and natural gas power generation assets.
  • Maintained a strategic geographic presence in Canada, the United States, and Australia.
  • The full acquisition by TransAlta Corporation in 2023 signifies its complete integration into the parent company's operations.

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Key People

Todd Stack
Former President & CEO (of TransAlta Renewables Inc.)

Track Record

2,968
MW Total
10
Years Active
Notable projects: Windrise Wind Farm, Kent Hills Wind Facility, South Hedland Power Station, Northern Goldfields Solar Project

Detailed Analysis

Technologies
Onshore WindHydropowerSolar PVNatural GasBattery Storage
Sectors
UtilitiesEnergy Transition
Geographies
CanadaUnited StatesAustralia
Deal Stage
OperatingBrownfieldGreenfield
Deal Structure
Direct OwnershipLong-term PPAs

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