in News Departments > FYI
print the content item

TransAlta Corp. says it is creating TransAlta Renewables to provide investors with the opportunity to directly invest in a highly contracted portfolio of renewable power generation facilities.

TransAlta Corp. will be the sponsor and manager of TransAlta Renewables and will provide TransAlta Renewables with its initial asset base. A preliminary prospectus qualifying the initial public offering of TransAlta Renewables common shares to the public was filed today.

Upon completion of the offering, TransAlta expects to hold an approximate 80-85% interest in TransAlta Renewables. TransAlta also intends to transfer 1,112 MW of contracted wind and hydro power generation assets to TransAlta Renewables.




Helukabel_id1908
Latest Top Stories

Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.

JLG_id1900
UEA_id1896
WomenofWind_id
Acciona_id1907
bonfiglioli_id1913
AWEA_id1886