TransAlta Renewables Inc. is a publicly traded renewable energy company headquartered in Calgary, Alberta. Established in 2013 as a spin-off from TransAlta Corporation, the company focuses on owning, operating and growing a diversified portfolio of power generation assets with an emphasis on clean and sustainable energy sources.
The company’s asset base comprises wind, hydro, gas cogeneration and solar facilities. TransAlta Renewables is responsible for the ongoing operation and maintenance of its facilities, as well as the development of new projects to expand its footprint. Its business model centers on long‐term contracts and power purchase agreements designed to deliver stable cash flows and predictable returns.
TransAlta Renewables serves markets in Canada, the United States and Australia. In Canada, it operates major hydroelectric and wind facilities, while in the United States its portfolio includes wind farms across several states. In Australia, the company has invested in wind and hydro assets, further diversifying its geographic exposure and balancing seasonal and regulatory differences among these regions.
Governed by a board of directors and led by an experienced executive team, TransAlta Renewables maintains an active pipeline of development opportunities and acquisition targets. The company emphasizes strong environmental, social and governance (ESG) practices and aims to support the global transition to a low-carbon economy through the growth of its renewable energy footprint.
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