News

TransAlta Renewables Inc. Reports on Voting Results from the 2022 Annual Meeting of Shareholders
CALGARY, Alberta (May 4, 2022) – TransAlta Renewables Inc. ("TransAlta Renewables" or the "Company") (TSX: RNW) held its Annual Meeting of Shareholders (“the Meeting”) on May 4, 2022. The total number of common shares represented by shareholders at the Meeting and by...
TransAlta Renewables Reports First Quarter 2022 Results and Announces Mount Keith Transmission Expansion Project
CALGARY, Alberta (May 4, 2022) First Quarter 2022 Financial Highlights Adjusted EBITDA(1),(2) of $139 million, an increase of 13% to the same period in 2021 Free cash flow ("FCF")(1),(3) of $108 million, an increase of 9% to the same period in 2021 Cash available for...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (May 3, 2022) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) on May 3, 2022 declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 July 15, 2022 July 29, 2022 $0.07833 August 15, 2022 August...
TransAlta Renewables Reports Fourth Quarter and Full Year 2021 Results and Provides Outlook for 2022
CALGARY, Alberta ((February 24, 2022) Full-Year 2021 Financial Highlights Adjusted EBITDA(1),(2) of $463 million, consistent with 2020 Free cash flow ("FCF")(1),(3) of $357 million, a decrease of 5% from 2020 Cash available for distribution ("CAFD")(1) of $275...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (February 17, 2022) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) on February 17, 2022 declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 April 14, 2022 April 29, 2022 $0.07833 May 13,...
Jobs boost as construction begins on Northern Goldfields solar and battery storage project
CALGARY, Alberta (February 1, 2022) – Construction is now underway on one of the world’s largest off-grid mining solar and battery energy storage systems being built by TransAlta Energy (Australia) Pty Ltd. (“TransAlta”) to help power BHP Nickel West’s Mt Keith and...
TransAlta Renewables Provides Update on Kent Hills Outage
CALGARY, Alberta (January 11, 2022) – TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today additional findings from the ongoing investigation pertaining to a tower collapse at the Kent Hills 2 wind site. Following extensive...
TransAlta Renewables Announces Commercial Operation of Windrise and Pricing of $173 Million Project Financing
CALGARY, Alberta (December 2, 2021) – TransAlta Renewables Inc. ("TransAlta Renewables" or the "Company") (TSX: RNW) announced today that its 206.4 MW Windrise wind facility (the “Windrise Facility”) achieved commercial operation on November 10, 2021. The Company...
TransAlta Renewables Reports Third Quarter 2021 Results
CALGARY, Alberta (November 9, 2021) Third Quarter 2021 Highlights Comparable EBITDA(1) of $102 million, a $6 million increase to the same period in 2020 Adjusted funds from operations ("AFFO")(1) of $57 million, a $19 million decrease to the same period in 2020...
TransAlta Renewables Provides Operational Update for Kent Hills Wind Facility and Revises 2021 Guidance
CALGARY, Alberta (October 29, 2021) – TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today further operational updates in respect of the 167 MW Kent Hills wind facility in Kent Hills, New Brunswick (the “Facility”) owned by...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (October 25, 2021) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) on October 25, 2021 declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 January 14, 2022 January 31, 2022 $0.07833 February...
TransAlta Renewables Temporarily Suspends Operations at Kent Hills Wind Facility Pending Investigation of Wind Tower Failure
CALGARY, Alberta (October 18, 2021) – TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today that its indirect subsidiary Kent Hills Wind LP (“KHW”) had experienced a single tower failure at its 167 MW Kent Hills wind facility...
TransAlta Renewables Announces the Acquisition of a Fully Contracted 122 MW Solar Portfolio in North Carolina
CALGARY, Alberta (September 2, 2021) – TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today that it has entered into definitive agreements for the acquisition of a 122 MW portfolio of operating solar facilities located in...
TransAlta Renewables Reports Second Quarter 2021 Results
CALGARY, Alberta (August 10, 2021) Second Quarter 2021 Highlights Comparable EBITDA(1) of $97 million, an $18 million decrease to the same period in 2020 Adjusted funds from operations ("AFFO")(1) of $64 million, a $26 million decrease to the same period in...
TransAlta Renewables Announces Agreement to Build a Hybrid Solar – Battery Project for BHP Nickel West in Western Australia
CALGARY, Alberta (July 29, 2021) –TransAlta Renewables Inc. ("TransAlta Renewables" or the "Company") (TSX: RNW) announced today that Southern Cross Energy (“TransAlta Australia”), a subsidiary of TransAlta Corporation and an entity in which the Company owns an...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (July 29, 2021) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) on July 29, 2021 declared the following monthly dividends: Dividend Per ShareRecord DatePayment Date$0.07833October 15, 2021October 29, 2021$0.07833November 15,...
TransAlta Renewables Inc. Reports on Voting Results from the 2021 Annual Meeting of Shareholders
CALGARY, Alberta (May 18, 2021) – TransAlta Renewables Inc. ("TransAlta Renewables" or the "Company") (TSX: RNW) held its virtual Annual Meeting of Shareholders on May 18, 2021. A total of 201,321,092 Common Shares, representing 75.44% of the shares outstanding, were...
TransAlta Renewables Reports First Quarter 2021 Results and Closes Acquisition of 303 MW Asset Portfolio including 274 MW of Wind Capacity from TransAlta
CALGARY, Alberta (May 12, 2021) First Quarter 2021 Highlights Comparable EBITDA(1) of $123 million, a $5 million or four per cent improvement to the same period in 2020 Adjusted funds from operations ("AFFO")(1) of $93 million, in line with the same period last year...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (April 29, 2020) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) on April 29, 2021 declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 July 15, 2021 July 30, 2021 $0.07833 August 13, 2021...
TransAlta Renewables Reports Fourth Quarter and Full Year 2020 Results and Provides Outlook for 2021
CALGARY, Alberta (March 3, 2021) Full-Year 2020 Financial Highlights Comparable EBITDA(1) of $462 million, increase of 5% from 2019 Adjusted funds from operations ("AFFO")(1) of $355 million, increase of 3% from 2019 Cash available for distribution ("CAFD")(1) of $304...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (February 23, 2021) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) on February 22, 2021 declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 April 15, 2021 April 30, 2021 $0.07833 May 14,...
TransAlta Renewables Announces the Acquisition of 303 MW Portfolio including 274 MW of Wind from TransAlta Corporation
CALGARY, Alberta (December 23, 2020) – TransAlta Renewables Inc. ("TransAlta Renewables" or the "Company") (TSX: RNW) announced that it had entered into definitive agreements for the acquisition of three assets from TransAlta Corporation (“TransAlta”) (TSX: TA)...
TransAlta Renewables Reports Third Quarter 2020 Results
CALGARY, Alberta (October 30, 2020) Third Quarter 2020 Highlights Comparable EBITDA(1) of $96 million, a $10 million or 12 per cent improvement to the same period in 2019 Adjusted funds from operations ("AFFO")(1) of $76 million, a $7 million or 10 per cent...
TransAlta Renewables Declares Dividends
CALGARY, Alberta (October 29, 2020) – The Board of Directors of TransAlta Renewables Inc. (TSX: RNW) today declared the following monthly dividends: Dividend Per Share Record Date Payment Date $0.07833 January 15, 2021 January 29, 2021 $0.07833 February 15, 2021...
TransAlta Renewables Executes 15-year Contract Extension in Western Australia with BHP Nickel West
CALGARY, Alberta (October 22, 2020) – TransAlta Renewables Inc. (“TransAlta Renewables” or the “Company”) (TSX: RNW) announced today that Southern Cross Energy (“SCE”) has amended and extended its current power purchase agreement (“PPA”) with BHP Billiton Nickel West...
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