M&A Deal Summary |
|
|---|---|
| Date | 2020-12-23 |
| Target | TransAlta - Three MW Portfolio |
| Sector | Renewable Energy |
| Buyer(s) | TransAlta Renewables |
| Sellers(s) | TransAlta |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2013 |
| Sector | Renewable Energy |
| Revenue | 560M CAD (2022) |
TransAlta Renewables is a renewable independent power producer ("IPP") in Canada. TransAlta asset platform and economic interests are diversified in terms of geography, generation and counterparties and consist of interests in 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility, one natural gas pipeline, and one battery storage project, representing an ownership interest of 2,537 megawatts of owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Wyoming, Massachusetts, Minnesota and the State of Western Australia. TransAlta Renewables was founded in 2013 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Alberta) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2020) | 1 of 1 |
TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta’s focus is to efficiently operate wind, hydro, natural gas and coal facilities in order to provide customers with a reliable, low-cost source of power. TransAlta was incorporated in 1909 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Renewable Energy) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| State (Alberta) | 3 of 3 |
| Country (Canada) | 3 of 3 |
| Year (2020) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-10-01 |
TransAlta - Pioneer Pipeline
Calgary, Alberta, Canada TransAlta Corp. - Pioneer Pipeline provides reliable natural gas supply to the Company's power generation stations at Sundance and Keephills. |
Sell | CA$255M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-11 |
TransAlta Renewables
Calgary, Alberta, Canada TransAlta Renewables is a renewable independent power producer ("IPP") in Canada. TransAlta asset platform and economic interests are diversified in terms of geography, generation and counterparties and consist of interests in 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility, one natural gas pipeline, and one battery storage project, representing an ownership interest of 2,537 megawatts of owned generating capacity, located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Wyoming, Massachusetts, Minnesota and the State of Western Australia. TransAlta Renewables was founded in 2013 and is based in Calgary, Alberta. |
Buy | CA$800M |
