TransAlta Renewables Inc (TransAlta), a subsidiary of TransAlta Corp, is a renewable energy company that operates and develops hydro power, wind power, and gas power generation facilities. The company develops, owns, operates, and maintains a fleet of power generation assets in Canada. It also provides facilities such as Taylor Hydropower Station, Moose Rapids Hydropower Station, Belly River Hydropower Station, and Bone Creek Hydropower Station, among others. TransAlta operates New Richmond Wind Power Station, Castle River Wind Power Station, Macleod Flats Wind Power Station, South Hedland Gas Power Station, Parkeston Gas Power Station and Fortescue River Gas Pipeline, among others. The company operates in Canada and Australia. TransAlta is headquartered in Calgary, Alberta, Canada.
Headquarters
Canada
Address
110 12th Avenue Southwest, Station M, Po Box 1900, Calgary, Alberta, T2P2M1
Website
transaltarenewables.com
Telephone
1 403 2677110
Industry
Alternative Energy
Revenue (2022)
$430.3M
TransAlta Renewables Inc premium industry data and analytics
Products and Services
| Services |
|---|
| Service: |
| Operation and Development of Renewable Power Generation Facilities |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company entered into an agreement to be acquired by TransAlta. |
| 2022 | Asset Disposal | In December, the company sold two additional hydroelectric generating stations located on the Mississippi River in the Town of Appleton and Galetta Falls to Portage Power Inc. |
| 2022 | Contracts/Agreements | In August, the company secured capacity contracts for the Sarnia cogeneration facility and the Melancthon 1 wind facility with the Ontario Independent Electricity System Operator. |
Competitor Comparison
| Key Parameters | TransAlta Renewables Inc | Innergex Renewable Energy Inc | Boralex Inc | Capstone Infrastructure Corp | Vergnet SA |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | France |
| City | Calgary | Longueuil | Kingsey Falls | Toronto | Ormes |
| State/Province | Alberta | Quebec | Quebec | Ontario | Centre |
| No. of Employees | - | 538 | 746 | 96 | 227 |
| Entity Type | Private | Public | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David W. Drinkwater | Chairman | Executive Board | - | - |
| Todd Stack | President; Director | Executive Board | - | - |
| Brent Ward | Chief Financial Officer | Senior Management | - | - |
| Gary Woods | Vice President - Gas and Renewables | Senior Management | - | - |
| Scott Jeffers | Vice President; Secretary | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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